PANews reported on December 26th that trader Eugene Ng Ah Sio posted on his personal channel that he has gone long on some small-cap altcoins. Eugener believes, "Almost everyone is watching from the sidelines, even the whales are just observing without actually making a move, yet the price has consistently failed to break the low of $84,000. Trading volume has plummeted across the board, and it feels like the sellers are exhausted. Just a few large buyers entering the market will quickly tear apart the already thin positions. Considering the significant price volatility, going long below $90,000 is very attractive to me. I'd rather act now than wait and see at $95,000 or even $100,000, feeling lost. January is usually a very volatile month, so I expect this volatility to return in some form as the end of December approaches."