BTC $64,302.40 +1.12%
ETH $1,902.21 -0.02%
BNB $604.34 -0.27%
XRP $0.9977 -0.74%
SOL $75.89 +0.08%
TRX $0.3322 -0.06%
DOGE $0.0699 -0.55%
ADA $0.1733 -2.35%
BCH $204.11 -0.59%
LINK $9.48 +0.30%
HYPE $60.00 +1.36%
AAVE $88.96 +2.81%
SUI $0.6497 -4.26%
XLM $0.1549 -2.50%
ZEC $511.02 -1.11%
BTC $64,302.40 +1.12%
ETH $1,902.21 -0.02%
BNB $604.34 -0.27%
XRP $0.9977 -0.74%
SOL $75.89 +0.08%
TRX $0.3322 -0.06%
DOGE $0.0699 -0.55%
ADA $0.1733 -2.35%
BCH $204.11 -0.59%
LINK $9.48 +0.30%
HYPE $60.00 +1.36%
AAVE $88.96 +2.81%
SUI $0.6497 -4.26%
XLM $0.1549 -2.50%
ZEC $511.02 -1.11%

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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