The night before yesterday, ADA pulled back 60%, and within 24 hours it returned to its original state. Do you still dare to buy the dip today? (By the way, I mentioned yesterday why I said that the U.S. incorporating certain cryptocurrencies into its national strategic reserves is just a hype, because this is a long-term boastful project, claiming to have a trillion-dollar-level reserve cryptocurrency. The country is not foolish; it will definitely buy at lower prices, not at high prices like 90k, 80k, 70k, 60k, or 50k for Bitcoin. It will buy in batches at dips, which means that from this year to next year, prices may start a layered downward bear market cycle. Of course, based on indicators, BTC has not truly entered a bear market cycle yet. My judgment is that if the weekly MACD falls below the zero axis, that is, if the price drops below 73,000, it can be confirmed.
My suggestion is to buy the dip in batches before Thursday; on Friday night, there is the non-farm payroll report and another White House crypto summit. These two pieces of information represent one objective short and one artificially created long, which may lead to significant fluctuations, so let's hope for a rebound.
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