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BTC $61,790.32 +1.94%
ETH $1,624.69 +4.59%
BNB $589.84 +2.85%
XRP $1.12 +3.51%
SOL $64.73 +4.67%
TRX $0.3282 +2.39%
DOGE $0.0843 +3.33%
ADA $0.1622 +2.03%
BCH $224.76 +2.71%
LINK $7.72 +4.67%
HYPE $58.76 +0.83%
AAVE $62.97 +3.48%
SUI $0.7448 +4.30%
XLM $0.2033 +0.95%
ZEC $432.75 +26.53%

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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