Trader Eugene: It's not a good time to go long. Focus on optimizing your entry point rather than position size

BlockBeats News, March 11th, renowned trader Eugene stated that in the current market environment, it is not advisable to blindly chase long positions. Instead, the priority should be to optimize the entry point rather than simply increase the position size.

He pointed out that in the current market situation, having a high-quality entry point accounting for 20% of the total position is more secure than aggressively entering with a heavy position but being shaken out due to a suboptimal entry point during volatile market conditions. Eugene emphasized that a precise entry point is crucial to reduce the risk brought about by market fluctuations.