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BTC dropped from 71K to 66K in one day, 250k people liquidated, totaling 1.6 billion. Do you still dare to buy the dip?
Yesterday it was still at 71K, today it directly dropped to 66K. SOL fell 9%, DOGE fell 8%, even ETH broke below 1900.
Interestingly—The US stock market S&P just hit a new high, surpassing 7600, money in AI is endless, but crypto is bleeding out. Capital is clearly voting with its feet. Even more outrageous, after the JOLTs data was released, the Federal Reserve started talking about raising interest rates again. The rate cut dream is shattered, is a rate hike coming?
What is your current position? Buying the dip or running away? 👇