Odaily Planet Daily reported that trader Eugene Ng Ah Sio posted on his personal channel, "I have taken a quite aggressive long position here, including Bitcoin and some altcoins. I believe that the earlier U.S. bombing operation, combined with the closure of the Strait of Hormuz, was a consecutive blow to the early bulls, which has been enough to shake out the market. Now is the time to 'buy the dip.' If the market directly gaps down to $95,000, then all we can say is 'good night,' but this is the bulls' last stand, and I am already in position."

Odaily Planet Daily News: Trader Eugene Ng Ah Sio posted on his personal channel stating, "I have taken a rather aggressive long position here, including Bitcoin and some altcoins. I believe that the earlier US bombing operation, combined with the closure of the Strait of Hormuz, represents a consecutive blow to early bulls, which is enough to shake out weak hands. Now is the time to 'buy the dip.' If the market gaps down directly to $95,000, then all I can say is 'good night,' but this is the bulls' final battle, and I am already in position."

Trader Eugene: Currently Long on Bitcoin and Some Altcoins, Now is the Time to "Buy the Dip"