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Gate Square | 2/5 Today's Hot Topic: #BuyTheDipOrWaitNow?
🎁 [Community Perk] Post with the topic or #BTC, 10 lucky users * $100 position Voucher.
Market volatility continues as BTC breaks below the $74,000 key support level, with altcoins pulling back in sync. Are you buying the dip in batches or waiting for a better entry point?
💬 Today’s Discussion:
1️⃣ Bottom Signals: Where do you see BTC’s bottom — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
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Thursday's key points: Weakness does not mean the bottom!
Having already broken below the 70,000 level, the market's weakness is fully evident. Now is definitely not the time to buy the dip. The true bottom is always born out of extreme panic.
The downward momentum will continue, and breaking 7 has become a certainty. If there is a slight rebound in the afternoon, it will be a good opportunity to open a short position: Bitcoin target 67,800, and Ethereum simultaneously targeting 1,880.
Since 98,000, I have been firmly bearish on Bitcoin, continuously shorting, and profits have been steadily secured. Let's all enjoy a prosperous year with peace of mind!