BlockBeats news, on February 7, trader Eugene Ng Ah Sio posted in his personal channel that the current trend structure indicates everything is going smoothly, and the entry point for the long position established yesterday is perfect in hindsight. This is the strong rebound he has been hoping to see, marking that 60,000 dollars has formed a solid bottom support. He will continue to observe, but believes that the possibility of an upward trend in the future still exists.