BTC $64,137.38 +0.88%
ETH $1,896.10 -0.49%
BNB $600.71 -0.62%
XRP $0.9951 -0.58%
SOL $75.81 +0.17%
TRX $0.3327 +0.11%
DOGE $0.0698 -0.59%
ADA $0.1731 -0.53%
BCH $203.35 -0.60%
LINK $9.48 -0.19%
HYPE $59.85 +0.11%
AAVE $89.02 +2.91%
SUI $0.6480 -4.42%
XLM $0.1532 -3.16%
ZEC $504.93 -1.15%
BTC $64,137.38 +0.88%
ETH $1,896.10 -0.49%
BNB $600.71 -0.62%
XRP $0.9951 -0.58%
SOL $75.81 +0.17%
TRX $0.3327 +0.11%
DOGE $0.0698 -0.59%
ADA $0.1731 -0.53%
BCH $203.35 -0.60%
LINK $9.48 -0.19%
HYPE $59.85 +0.11%
AAVE $89.02 +2.91%
SUI $0.6480 -4.42%
XLM $0.1532 -3.16%
ZEC $504.93 -1.15%

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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