BlockBeats news, on April 21, top trader Eugene Ng Ah Sio posted on his personal channel, stating, "I have increased my long position on ETH. If Bitcoin breaks through $86,000 this time without a fakeout (SFP), I believe it will be enough to force a large number of default shorters to passively close their positions, and at that time, market sentiment may be completely dominated by 'animal spirits.'"