Good morning, brothers. The market continues to decline.
Many brothers are asking: Is it time to buy the dip? Let's analyze.
After the non-farm payroll data was released yesterday, expectations for interest rate cuts increased, leading to a small rebound.
But unexpectedly, Trump immediately created two negative factors:
(1) claimed the non-farm data was fabricated and fired the Labor Department head
(2) stated that Russia was provoking and sent two nuclear submarines over
Last night, US stock crypto fell significantly, outpacing altcoins,
COIN plummeted by 16.7%, and VAPE fell again by over 20%
This morning, BTC briefly dropped below $113,000.
In the past 24 hours, 200,000 people were liquidated across the network,
The big guy Arthur Hayes sold off 2,373 ETH in the last 6 hours,
Brother Ma Ji increased his long position in the early morning and then sold off,
The overall loss expanded to 18.5 million dollars.
Institutions are closed for business over the weekend,
It is possible to buy the dip, but do it in batches to prevent falling below $110,000.
After this round of adjustment, the long-term outlook remains bullish; be sure to allocate BTC in large positions.
