Trader Eugene has stated that the market continues to be in a state of “hellish difficulty,” affecting even the most skilled traders. He noted that repeated liquidations are impacting traders across the board, suggesting that the current conditions are challenging for all participants. This ongoing struggle indicates a broader issue within the market that is not limited to inexperienced traders but also affects those with significant expertise. The prevailing sentiment reflects a sense of urgency and concern among traders as they navigate these troubled waters. Eugene’s remarks highlight the severity of the market’s challenges and the resilience required to endure in such a difficult environment.
