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Eugene: Bitcoin reclaiming $80,000 is a key range recovery signal; if it stabilizes, speculative capital may return

2026-05-05 03:54

Odaily reports that trader Eugene stated the current crypto market lacks a clear narrative, making opportunities in the stock market more apparent in comparison. However, he has identified new trading opportunities. He pointed out that Bitcoin reclaiming the $80,000 level is significant, marking the first range recovery signal since the downtrend began in September 2025. He believes that in the crypto market, price often leads fundamental changes. If Bitcoin can stabilize above $80,000, speculative capital could gradually flow back into the market.