Trader 'The Dove' says he is leaving crypto to focus on stocks

Darryl Wang (Eugene Ng Ah Sio), a prominent trader known in the crypto community as 'The Dove,' said on his Telegram channel that he will be stepping away from the crypto market to focus on stocks for the time being. Wang stated that while he will continue to observe the crypto market from a distance, he will not return until an opportunity with a favorable risk-to-reward profile emerges, which he does not foresee in the near future. Regarding MicroStrategy (MSTR) and Michael Saylor, Wang commented that he believes the situation is starting to fall apart. He added that as long as MicroStrategy and Bitcoin remain so strongly interconnected, it is virtually impossible to approach Bitcoin from a buyer's perspective. Wang emphasized that while he does not know where the bottom is, he will no longer attempt to catch a falling knife by buying the dip.