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Analysis: The last entry opportunity for bulls may be a pullback to $61,000

Analysis: The last entry opportunity for bulls may be a pullback to $61,000

Bitget2024/09/22 05:53

Top trader Eugene Ng Ah Sio released his latest view, saying, "There is a high likelihood of some kind of liquidity clearance happening, and then you might have the last chance to enter Bitcoin at $61,000 or cover your shorts. Alternatively, we may continue to rise. The issue is that for certain specific altcoins, once these momentum trends start, even if Bitcoin plummets it won't have much impact on them (refer to SUI's performance after $0.80)."

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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