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Trader Eugene: Built a position in Bitcoin spot at $75,000, ready to continue accumulating and holding long.
BlockBeats news, on April 7, trader Eugene Ng Ah Sio posted on his personal channel stating, "Today, when Bitcoin was at $75,000, I bought my first batch of spot BTC, which is the first time since we closed all major positions in January. I’m not saying this is the bottom, but I think we are approaching a price level that makes me willing to accumulate Bitcoin for the long term. Anyway, we have almost reached the first target price. There are many pessimistic posts today, which is understandable—many people are feeling panic and enduring a lot of pain. However, despite what you see online, in most cases, even if we eventually go down, the market doesn’t just keep falling. I believe we have witnessed an extreme event (especially after the futures fell 5% in pre-market today), which is worth taking action. If the market continues to decline, I will follow the short-term rebound of BTC and SOL, engaging in short-term operations while continuing to accumulate more Bitcoin at the lows, preparing for long-term holding."