On April 7, trader Eugene Ng Ah Sio posted on his personal channel, “Today at $75,000 Bitcoin, I bought the first batch of spot BTC, the first time since we cleared all of our major positions in January.

It's not like to say that this is the bottom, but I think we're approaching a price level that makes me willing to accumulate bitcoin over the long term. Anyway, it almost reached its first target price.

There are many pessimistic posts today, which is understandable - many people are panicking and suffering a lot. However, despite what you see online, in most cases, even if we end up falling, the market will not keep falling. I think we have witnessed (especially today after the pre-market futures fell 5%) an extreme event that is worth taking action.

If the market continues to decline, I will pay attention to the short-term rebound of BTC and SOL, conduct short-term operations, and continue to accumulate more Bitcoin at low points and prepare for long-term holdings. "