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BTC $61,754.31 +1.64%
ETH $1,618.93 +3.96%
BNB $588.97 +2.44%
XRP $1.12 +2.21%
SOL $64.28 +3.07%
TRX $0.3278 +2.23%
DOGE $0.0838 +2.49%
ADA $0.1618 +2.14%
BCH $223.31 +2.14%
LINK $7.70 +4.45%
HYPE $57.76 -1.69%
AAVE $62.31 +2.46%
SUI $0.7435 +3.23%
XLM $0.2031 +1.42%
ZEC $414.84 +15.72%

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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