On September 27, renowned trader Eugene Ng Ah Sio took to social media to announce that he has adjusted some of his positions and sold off certain assets. Despite the prevalent fear of missing out (FOMO) gripping the market, he remains steadfast in adhering to his investment strategy.

Earlier, on September 25, Ng Ah Sio shared his insights on the current bull market, stressing that he avoids chasing after profits blindly as prices rise. He highlighted that the $65,000 to $68,000 range represents a reasonable profit-taking zone for early investors. He also noted that an influx of sidelined capital is likely to enter the market once prices hit $65,000, which could catalyze a final upward push.

Ng Ah Sio is skeptical about prices exceeding the $70,000 mark before the upcoming elections. As such, he has no plans to increase his holdings at this time. Should prices reach $68,000, he prefers to liquidate his positions and consider re-entering the market if it retraces back to the $60,000 range. His cautious yet strategic approach reflects a disciplined mindset in navigating the volatile crypto landscape.