Analyst Eugene: Although BTC may not necessarily be at the bottom, it has been purchased around $75,000.

PANews April 7 news, cryptocurrency analyst Eugene stated that he first purchased Spot BTC when the BTC price approached $75k, marking his first operation since closing all positions in January. He believes that while the current price may not necessarily be the bottom, it is close to the long-term layout range he is satisfied with. He anticipates that the $74-76k area will provide some support, and if MicroStrategy’s Michael Saylor has not sold BTC, the price may stabilize at $52k; if dumping occurs, $25k may become the new target. In addition, Eugene pointed out that although market sentiment is low and panic is intensifying, prices typically do not decline in a straight line. He believes that today’s 5% drop in U.S. stock futures is an extreme event, and it is worth paying attention to subsequent rebound opportunities. He plans to engage in short-term operations through the rebounds of BTC and SOL in the short term, while increasing long-term holdings when prices dip further.