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AMD $633.54 -0.08%
BTC $85,837.21 +1.47%
ETH $2,705.78 +0.80%
BNB $791.81 +0.70%
XRP $1.51 +1.41%
SOL $121.30 +1.44%
TRX $0.3357 +0.06%
DOGE $0.0961 +3.49%
ADA $0.2512 +2.64%
BCH $315.77 -0.11%
LINK $14.18 +1.15%
HYPE $90.64 +1.54%
AAVE $178.55 -1.10%
SUI $1.20 +2.34%
XLM $0.2204 +2.17%
ZEC $1,331.51 +0.99%
AAPL $333.59 +0.08%
AMZN $252.41 +0.17%
GOOGL $344.57 +0.38%
MSFT $518.20 +0.03%
META $729.53 -0.03%
NVDA $234.97 +0.02%
TSLA $372.87 +0.58%
SNDK $1,719.04 +0.14%
INTC $117.86 -0.08%
SPCX $159.12 +0.07%
MU $1,067.46 -0.29%
AMD $633.54 -0.08%

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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