BTC $79,016.89 +0.49%
ETH $2,487.94 +0.18%
BNB $750.07 -0.95%
XRP $1.42 +1.64%
SOL $103.77 +0.31%
TRX $0.3388 +0.28%
DOGE $0.0903 +0.25%
ADA $0.2185 -0.34%
BCH $257.73 +0.18%
LINK $12.07 -4.59%
HYPE $85.97 +2.48%
AAVE $129.11 -1.34%
SUI $0.8091 -1.66%
XLM $0.1881 -1.15%
ZEC $1,238.96 +7.99%
BTC $79,016.89 +0.49%
ETH $2,487.94 +0.18%
BNB $750.07 -0.95%
XRP $1.42 +1.64%
SOL $103.77 +0.31%
TRX $0.3388 +0.28%
DOGE $0.0903 +0.25%
ADA $0.2185 -0.34%
BCH $257.73 +0.18%
LINK $12.07 -4.59%
HYPE $85.97 +2.48%
AAVE $129.11 -1.34%
SUI $0.8091 -1.66%
XLM $0.1881 -1.15%
ZEC $1,238.96 +7.99%

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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