Trader Eugene Ng Ah Sio posted on social media: "At the beginning of this month, due to the sharp fluctuations of Bitcoin falling to $50,000, I was immediately stopped out. My stop loss point was set above $60,000. After that, I tried a long order at the mid-$50,000 position, but was stopped out again. The overall loss was controllable. Later, I successfully caught the bottom on SOL and ETH, and after a stop loss, I got a return of about 10%. On August 8, I successfully made a large SOL long order, buying at $141 and selling at $157, making a profit of $3 million, and then returned to the position. The market fluctuations this month were very fast, and the execution accuracy required was very high, and my performance did not meet expectations. Despite this, I will still adopt the same strategy, that is, to go long before the market turns, because the rewards of being right are far greater than the risks of being wrong. The market in September looks unclear, and there is no long-term bias for September."