Trader Eugene Ng Ah Sio has shifted to an observational approach after admitting to entering the market prematurely. On November 22, he described the current market conditions as 'hell difficulty' and acknowledged the setback on his trading channel. Previously, on November 18, Eugene had increased his long positions in Ethereum (ETH) and Solana (SOL), citing oversold conditions as a signal to increase risk exposure. However, the market's challenging environment has prompted him to reassess his strategy.