Trader Eugene: The market trend in September is still unclear, but I have a long-term bullish outlook

ChainCatcher message, trader Eugene Ng Ah Sio posted on social media: "At the beginning of this month, due to the sharp drop of Bitcoin to $50,000, I was immediately stopped out. I had set my stop-loss point above $60,000. After that, I tried to go long once at around the $50,000 level, but was stopped out again. Overall, the loss was manageable.

Later, I successfully caught the bottom on SOL and ETH. After one stop-loss, I gained about 10% return. On August 8, I successfully executed a large SOL long position, buying at $141 and selling at $157, making a profit of $3 million, and then returned to a flat position. The market volatility this month has been very fast, requiring a high level of execution precision, and my performance has not met expectations. Nevertheless, I will continue to use the same strategy, which is to go long before a market shift, as the correct returns far outweigh the risks of being wrong. The market in September looks unclear, and I have no long-term bias for September."