Trader Eugene: Stop losses should not be strictly enforced, as the immense power of Ethereum is becoming apparent.

BlockBeats News, on June 10, top trader Eugene Ng Ah Sio posted on his personal channel, "Maybe I shouldn't have been so strict with my stop loss before, Ethereum's huge power is emerging." Previously, on June 6, Eugene said that "I am currently long Ethereum, and the stop loss is set at this morning's lower shadow low of $2380 (which is also a retest at the bottom of the medium-term time frame range), and the technical structure is clear." The long order finally triggered the stop loss and failed to hold the position so far.

ETH-0.17%
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