Top trader Eugene Ng Ah Sio has emphasized the importance of technical analysis in navigating market volatility, as highlighted by BlockBeats. According to Ng Ah Sio, frequent shifts in market dynamics make relying on fundamental analysis a challenge. He points out that Bitcoin’s performance may be correlated with gold today but could align with a leveraged S&P index tomorrow. He recognizes the difficulty in predicting future trends and cautions against investing heavily based on current bullish optimism. Instead of choosing between gold or shorting the S&P, Ng Ah Sio prefers to maintain a neutral portfolio, hedging his assets and allowing price movements to guide his strategies.