Crypto analyst Eugene stated that he made his first purchase of spot BTC when the BTC price approached $75k, marking his first operation since clearing his major holdings in January. He believes that although the current price may not be at the bottom, it is close to his satisfactory long-term layout range. He expects the $74-76k range to provide some support, and if Michael Saylor from MicroStrategy does not sell BTC, the price may stabilize at $52k; If there is a sell-off, $25k may become a new target.
In addition, Eugene pointed out that although market sentiment is low and panic is intensifying, prices usually do not fall sharply. He believes that the 5% drop in US stock pre market futures today is an extreme event and deserves attention for future rebound opportunities. He plans to conduct short-term operations through the rebound of BTC and SOL in the short term, while increasing long-term holdings when prices further decline.