Trader Eugene: The crypto market is generally in a weak state, and mainstream assets may lose important support levels.

On September 24, trader Eugene Ng Ah Sio stated on his personal channel, "I have been thinking about Ansem's views recently. I believe there are multiple signs indicating that the crypto market as a whole is in a state of fatigue. Staying away from the market for the past two weeks has kept my mind clear, and when I returned to the market to buy the dip during the largest liquidation of the year, I found that my Position was still further losing money, which is a serious warning signal for me. In 80% of cases, these liquidation buy the dip should have been profitable after some degree of pullback recovery, but in 20% of cases, there was no profit, which seriously exposes that there are very few marginal buyers left in the market. I suspect we will continue to depeg from the broader risk appetite market and soon start to lose important support levels of mainstream assets. The key levels to follow currently are: BTC $100,000, ETH $3,400, SOL $160."