PANews reported on April 7 that crypto analyst Eugene said that he first bought spot BTC when the price was close to $75k, which was his first operation since liquidating his main positions in January. He believes that although the current price may not be the bottom, it is close to the long-term layout range that he is satisfied with. He expects that the $74-76k area will provide some support. If MicroStrategy's Michael Saylor does not sell BTC, the price may stabilize at $52k; if a sell-off occurs, $25k may become the new target.

In addition, Eugene pointed out that despite the depressed market sentiment and the increasing panic, prices usually do not fall in a straight line. He believes that today's 5% drop in US stock pre-market futures is an extreme event and it is worth paying attention to the subsequent rebound opportunities. He plans to conduct short-term operations through the rebound of BTC and SOL in the short term, while increasing long-term positions when prices fall further.