Analyst Eugene: Although BTC may not be at its lowest point currently, it has already been purchased around 75,000 US dollars
PANews reported on April 7th that crypto analyst Eugene said he first bought spot BTC when the price was close to $75k, which is his first operation since liquidating his main holdings in January. He believes that although the current price may not necessarily be at the bottom, it has approached a range he is satisfied with for long-term layout. He expects that the $74-76k area will provide some support; if MicroStrategy's Michael Saylor does not sell BTC, the price could stabilize at $52k; if there are sales, $25k might become a new target.
In addition, Eugene pointed out that despite market sentiment being low and panic intensifying, prices usually do not fall in a straight line. He thinks today's pre-market futures drop of 5% in US stocks is an extreme event worth paying attention to for subsequent rebound opportunities. He plans to make short-term operations through rebounds of BTC and SOL while increasing long-term positions when prices further probe downwards.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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