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BTC $76,201.09 -0.16%
ETH $2,268.56 -0.63%
BNB $619.38 -0.69%
XRP $1.38 -0.11%
SOL $83.86 -0.02%
TRX $0.3234 +0.27%
DOGE $0.1066 +7.15%
ADA $0.2461 -0.24%
BCH $448.07 -0.99%
LINK $9.15 -0.91%
HYPE $40.14 +0.35%
AAVE $93.22 -3.21%
SUI $0.9142 -0.92%
XLM $0.1603 -1.07%
ZEC $326.41 -2.81%

Trader Eugene: Built a position in Bitcoin spot at $75,000, ready to continue accumulating and holding long

2025-04-07 16:25:28
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ChainCatcher message, trader Eugene Ng Ah Sio posted in his personal channel, "Today, at $75,000 for Bitcoin, I bought my first batch of spot BTC, which is the first time since we liquidated all major positions in January. I’m not saying this is the bottom, but I believe we are approaching a price level that makes me willing to accumulate Bitcoin for the long term. Anyway, we are almost at the first target price. There are a lot of pessimistic posts today, which is understandable------many people are panicking and suffering greatly. However, despite what you see online, in most cases, even if we eventually go down, the market won't keep falling indefinitely. I believe we have witnessed an extreme event (especially after the futures dropped 5% in pre-market today) that is worth taking action on. If the market continues to decline, I will look for short-term rebounds in BTC and SOL for short-term trades, while continuing to accumulate more Bitcoin at the lows, preparing for long-term holding."

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