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Trader Eugene: Starting to go long on BERA to hedge against a long-term bearish outlook on the overall market.

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Odaily
378Words
Mar 20, 2025

Odaily Planet Daily News: Trader Eugene shared his trading records today, stating that he has started to go long on $BERA to hedge against a long-term bearish outlook on the overall market. The logic behind investing in $BERA includes the following points:  1. Excellent sustainable revenue cycle that requires participation through $BERA (similar to AVAX Rush); 2. Both retail and institutional funds have very light positions; 3. The distribution of chips for the new coin is relatively reasonable.  Eugene stated: "Currently, going long on $BERA is a liquidity position that I will actively manage. However, I believe the market has clearly underestimated its value, and there may be a significant gap filling in the coming weeks."

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