Eugene "Pump Signal" NFT, this collection's performance will outpace that of the "ETH Beta" coin.

August 10th, Trader Eugene Ng Ah Sio took to his personal channel and said, "The so-called 'Leveraged ETH Beta' concept keeps coming up in the minds of speculators as long as the underlying asset is in a trend. At different times, the market will favor different names (assets). But all these names have the same shortcoming - their 'Beta' performance is not satisfactory." The definition of Beta indicates that as the price of the underlying asset fluctuates, the volatility of the Beta asset should be greater than that of the underlying asset (correlation > 1). For all other altcoins, this means that funds need to flow from ETH to the altcoin. In the past, when there were limited optional assets, this logic worked. But in today's market, with a large number of projects vying to become the 'preferred ETH Beta,' people easily get confused. However, there is still a relatively low-profile type of asset, which is NFTs. Their uniqueness lies in the fact that their price is denominated in ETH, so the market doesn't need to sell ETH to acquire this asset. Even without any speculation on a specific NFT, one can do nothing and directly enjoy the increase in ETH. I suspect that this situation will change soon - as ETH approaches its historical high, the market will realize that instead of chasing a specific ETH Beta altcoin, it is simpler to directly speculate on NFTs. This happened in 2021, and I don't see any reason why it won't happen again. In my opinion, there are currently only two NFT series worth speculating on: CryptoPunks and Pudgy Penguins. I have never been a successful NFT trader, so whether my speculation this time will succeed or remain in the speculation stage is quite worth looking forward to.