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BTC $75,661.96 -2.15%
ETH $2,347.92 -3.27%
BNB $629.44 -2.37%
XRP $1.44 -2.89%
SOL $86.00 -3.42%
TRX $0.3286 +0.42%
DOGE $0.0949 -4.66%
ADA $0.2491 -3.92%
BCH $445.75 -1.81%
LINK $9.25 -4.10%
HYPE $43.70 -3.17%
AAVE $98.63 -14.33%
SUI $0.9560 -4.29%
XLM $0.1709 -1.51%
ZEC $324.80 -3.33%
BTC $75,661.96 -2.15%
ETH $2,347.92 -3.27%
BNB $629.44 -2.37%
XRP $1.44 -2.89%
SOL $86.00 -3.42%
TRX $0.3286 +0.42%
DOGE $0.0949 -4.66%
ADA $0.2491 -3.92%
BCH $445.75 -1.81%
LINK $9.25 -4.10%
HYPE $43.70 -3.17%
AAVE $98.63 -14.33%
SUI $0.9560 -4.29%
XLM $0.1709 -1.51%
ZEC $324.80 -3.33%

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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