BlockBeats News, July 26th, Trader Eugene Ng Ah Sio posted on his personal channel, stating, "Today, based on the altcoin's overall defense against BTC, I have opened some long positions. This is a short-term trade on a low time frame (LTF), not a hold on a high time frame (HTF). However, ETH seems resilient enough to hold the $3500 level. Currently holding long positions on ETH and SUI. If ETH falls below the low point of $3500, the trade will be invalidated."