Trader Eugene: Start going long BERA to hedge against long-term bearishness on the overall market
Trader Eugene: Start going long BERA to hedge against long-term bearishness on the overall market
Odaily Planet Daily News Trader Eugene shared his trading history today, saying that he has started to go long BERA to hedge against long-term bearishness on the overall market. The logic for BEA is mainly as follows: 1. Superior sustainable revenue cycle, which needs to be participated in through BERA (similar to AVAX Rush); 2. The holdings of retail investors and institutional funds are very light; 3. The distribution of chips in Singapore is more reasonable. "Going long BERA at the moment is a liquid position that I would actively manage," Eugene said. But at the moment I think the market is clearly underestimating its value and there could be a sharp gap covering in the coming weeks. ”
Show original10.92K
1
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.