TechFlow news, September 24 — Trader Eugene Ng Ah Sio stated on his personal channel that the current crypto market may have reached a turning point showing signs of fatigue. He noted that after the largest liquidation event this year, the market's rebound momentum has remained weak, and the success rate of the "buy-the-dip" strategy following liquidations has dropped to 80%, reflecting significantly diminished marginal buying pressure. Eugene expects the crypto market may soon decouple from the trend of risk assets and face critical support levels, with key price points to watch including BTC at $100,000, ETH at $3,400, and SOL at $160.
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