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ZEC $449.28 +4.47%
BTC $62,675.56 -0.76%
ETH $1,664.02 -1.37%
BNB $595.84 -1.13%
XRP $1.13 +0.15%
SOL $65.56 -0.56%
TRX $0.3256 -0.20%
DOGE $0.0849 -0.81%
ADA $0.1668 +2.05%
BCH $204.82 -10.24%
LINK $7.83 -1.08%
HYPE $62.19 +3.24%
AAVE $62.13 -1.47%
SUI $0.7357 -2.79%
XLM $0.1991 -1.98%
ZEC $449.28 +4.47%

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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