PANews reported on March 4 that crypto analyst Eugene posted on his personal TG channel: "Anyway, you don't need me to tell you that in hindsight, this was clearly a bearish downward retracement, which was then ruthlessly rejected. Looking ahead, I still think we may be in trouble, and long attempts should only be reserved for the best settings. The next expected level for Bitcoin is expected to be $75,000. Keep low risk and return to capital protection mode."