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Analyst Eugene: Although BTC may not be at its lowest point currently, it has already been purchased around 75,000 US dollars

Analyst Eugene: Although BTC may not be at its lowest point currently, it has already been purchased around 75,000 US dollars

Bitget2025/04/07 10:43

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.

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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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