Top trader Eugene Ng Ah Sio shared his long-term views on market operations on social media. He said that when facing numerous uncertainties and market weakness, he would avoid taking overly aggressive buying strategies. In the past, he had dabbled in altcoin markets, but after Bitcoin prices fell below $60,000, he no longer considered purchasing such assets and expects not to invest in them again for a while. Eugene paid particular attention to factors that led to recent market declines, including the uncertainty of the US election and the unwinding of yen carry trades. However, what he is most concerned about is the possibility of a deep economic recession, as this scenario could trigger a severe bear market in equities. Notably, the cryptocurrency market has yet to experience such a severe economic downturn, making this risk particularly noteworthy. Additionally, Eugene pointed out that despite the significant drop in the market, there still exists a certain level of optimism. Based on this, he emphasized the importance of prioritizing capital preservation in the current environment.