Eugene Ng Ah Sio, a top trader, posted an update saying: "There is a good chance that there will be some kind of liquidity liquidation, and then you may have a last chance to enter Bitcoin at $61,000 or cover short positions. Or maybe we will continue to rise. The problem is that for certain counterfeit products, once these momentum movements start, even a bitcoin crash will not affect them much (see SUI performance after $0.80)."