TechFlow news — On March 4, trader Eugene Ng Ah Sio shared insights on buying at higher time frame (HTF) bottoms. He mentioned that in internal team discussions, they believe it's impossible to confidently identify a true market bottom in real-time trading. Eugene explained that when he refers to "$75,000 being an area to watch," it is almost always in the context of a lower time frame (LTF) bounce, not as a "once-in-a-lifetime" price point that must not be missed.
Eugene emphasized that traders cannot determine the exact location of a true bottom during live market action—only in hindsight can it be confirmed. To preserve capital, he recommends monitoring key price zones for renewed support rather than rigidly holding positions at specific levels like $80,000, $60,000, $40,000, or $20,000. While this approach might cause one to miss the initial leg of a rally, if it truly is the bottom, investors won't mind much since the entire bull cycle still lies ahead. He concluded by stressing that preserving capital is the most important priority during bear markets.
