According to BlockBeats, on August 25, top trader Eugene Ng Ah Sio posted on social media that the market will find new support points in the next few days, consolidate and retest certain levels, and high-quality altcoins will rise again.
The projects he observed included SUI, SEI, ENA, ZRO, STX, IO and CHR.
He said that "quality" means tokens with good catalysts, fundamentals or clean charts, no pending unlocks, and showing historical relative strength. He is currently well-positioned, but is still waiting for a retest of levels before adding to his position.
