CoinVoice has recently learned that trader Eugene Ng Ah Sio expressed his views on the altcoin market, stating, "Altcoins (Alts) quickly fell back to these lows again within 48 hours after forming wick lows. Investors are extremely anxious about holding spot assets and are eager to sell off and exit. The market may enter a prolonged decline or consolidation phase, or may experience a sharp sell-off and bottom out in a short period of time." [Original link]