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ADA $0.1918 -6.97%
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AMD $530.46 -6.41%
BTC $78,534.64 -3.31%
ETH $2,266.71 -3.90%
BNB $704.45 -7.01%
XRP $1.24 -6.25%
SOL $96.42 -5.84%
TRX $0.3523 +6.97%
DOGE $0.0759 -4.85%
ADA $0.1918 -6.97%
BCH $275.02 -4.92%
LINK $10.60 -10.21%
HYPE $90.75 +12.41%
AAVE $120.61 -10.23%
SUI $0.8779 -6.81%
XLM $0.1635 -5.18%
ZEC $1,246.29 -5.08%
AAPL $352.45 +1.96%
AMZN $227.40 -10.16%
GOOGL $280.94 -4.17%
MSFT $529.76 -2.88%
META $622.71 +0.90%
NVDA $209.92 -1.93%
TSLA $397.52 -1.02%
SNDK $1,279.52 -6.11%
INTC $71.09 -23.56%
SPCX $140.72 -2.19%
MU $902.66 -5.82%
AMD $530.46 -6.41%

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

2025-04-07 16:25:28

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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