Trader Eugene: Start to go long on BERA to hedge against the long-term bearish outlook on the overall market.

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On March 21, trader Eugene shared his trading records today, stating that he has started to go long on BERA to hedge against his long-term bearish outlook on the overall market. The logic behind BEA has the following points: 1. An outstanding sustainable revenue cycle that requires participation through BERA (similar to AVAX Rush); 2. Both retail investors and institutional funds have very light holdings; 3. The chip distribution of the new coin is relatively reasonable. Eugene stated that currently going long on BERA is a liquidity position, "I will actively manage it. But at present, I believe the market has clearly underestimated its value, and there may be a sharp gap fill in the coming weeks."

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