Ethereum News Today: Ethereum Bull Market Nears Peak as Trader Signals Cycle End

Generated by AI AgentCoin World
Sunday, Aug 24, 2025 12:06 am ET1min read
BTC
--
ETH
--
Aime RobotAime Summary

- Trader Eugene Ng Ah Sio signals Ethereum's bull market peak after achieving his 0.04 ETH/BTC target, marking the cycle's conclusion.

- He shifts from aggressive accumulation to capital preservation, exiting large momentum trades while maintaining long positions.

- The trader plans to use mNAV indicators for potential re-entry, predicting most digital assets will trade below 1x mNAV post-bull phase.

- His strategic recalibration reflects broader market dynamics as crypto transitions from explosive growth to consolidation periods.

Trader Eugene Ng Ah Sio, a well-known figure in the cryptocurrency trading community, has recently signaled the conclusion of a key bull market phase in the

Ethereum
(ETH) trading cycle. In a post shared on his personal channel on August 24, he noted that the bull market, which began in January 2023, appears to be nearing its peak. According to Eugene, the market has seen widespread participation, with both
Bitcoin
(BTC) and Ethereum reaching record highs. The trader had previously set a high target of an ETH/BTC exchange rate of 0.04, a level he has now achieved, which he interprets as a signal that his ETH trading journey has effectively come to an end [1].

Eugene’s strategy has shifted from aggressive accumulation to a more conservative approach focused on capital preservation. He has moved away from large-scale Martingale momentum trades and has reduced his net position size significantly, though he remains in long positions. The trader emphasized that he will not participate in any potential market frenzy moving forward, as such volatility no longer aligns with his trading system. He mentioned that he will use the mNAV (modified net asset value) indicator from a cryptocurrency treasury reserve company as a potential re-entry signal. He expects that once this bull cycle concludes, most DAT (digital asset tokens) trading prices will trade below 1 times the mNAV.

The market has experienced a strong upward trajectory, and for Eugene, the focus now is on returning to a more balanced lifestyle and financial strategy. While he has not exited the market entirely, his approach reflects a strategic recalibration in response to what he perceives as the end of the current bull phase. His insights offer a window into how experienced traders navigate the evolving dynamics of the crypto market, particularly as it transitions from aggressive growth to a period of consolidation [1].

Source: [1] Trader Eugene: The bull market cycle is coming to an end, and my own ETH trading journey has effectively concluded [https://www.theblockbeats.info/en/flash/308915]