Market turbulence intensifies, influenced by policy changes, macroeconomic data, and other factors. BTC has dropped to around $84,000 in the past 24 hours, while ETH has also retreated to about $2,000. Sectors such as Meme and AI have similarly faced significant adjustments. In light of this market situation, will you choose to buy the dip or wait and see?
📉 Market Trend Analysis
Yesterday's market overall experienced a downward trend. BTC consolidated near the $89,000 level, with support at $87,800, but there remains a possibility of further dips in the early morning hours. ETH's movement is similar, having touched $2,550 before a stepwise decline, now falling below $2,280, with key support at $2,080.
🌎 Macroeconomic Influences
This week, several economic data releases and policy changes will affect market trends, including the Federal Reserve meeting, inflation data release, and even global trade tariff adjustments, leading to a cautious market sentiment. In such extreme market conditions, managing position sizes and maintaining liquidity will help tackle the risks and opportunities brought by volatility.
⚡ How will you choose?
1️⃣ Dip Buyers: Believe that the market is close to a temporary bottom, gradually accumulating positions at lower levels, optimistic about BTC, ETH, and some strong concept coins.
2️⃣ Wait-and-Watch: Waiting for the market to stabilize, seeking clearer signals before taking action, avoiding being trapped by buying the dip too early.
📢 What is your strategy? Which coins are you paying attention to or planning to buy the dip on? Feel free to discuss in the comments! 👇
