TechFlow news — On March 6, trader Eugene Ng Ah Sio posted that "As we head into March 7, I believe there is no expected return from speculating on reserve assets. Prices are in a no-trade zone for me, and I will only look to trade mean reversion near the edges of this range."
Eugene Ng further noted that he has observed a large number of investors gradually feeding their funds back into the market through a "death by a thousand cuts" approach, possibly suggesting that many traders may currently be experiencing ongoing small losses, ultimately leading to severe capital depletion.
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