Trader Eugene: Adding to ETH long position. If Bitcoin's breakout is not a fakeout, a large number of shorts may be liquidated.

Blockbeats
04-21

BlockBeats News, April 21st, top trader Eugene Ng Ah Sio stated in his personal channel that he has "increased his long position on ETH and added a SOL position. If Bitcoin's break above $86,000 this time is not a fakeout (SFP), I believe this is enough to force a large number of default shorters to be liquidated passively, at which point market sentiment may be completely dominated by the 'animal spirit'."

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