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June 6, 2026, current price around 61,070
Can we buy the dip now?
Currently, the four-hour trend: the current price is in a normal rebound after breaking below 60k, with the lowest touch yesterday at around 593, then a quick rebound. Accompanied by decent trading volume, this position is indeed a price many are buying the dip at. But if we consider the recent events and those that have already happened, we can understand whether now is the time to buy the dip.
Last night’s data: Non-farm payrolls 172k vs. expected 85k, far exceeding expectations by more than double.
Interest rate hike expectations are resurging, with the probability of a rate hike before December rising to over 60%.
Elon Musk’s SpaceX is about to go public, raising $75 billion, pulling liquidity out of tech stocks and the crypto market.
Bitcoin’s price seems to have a decent rebound, but it’s just a fleeting moment; now is not the time to buy the dip. If you are an aggressive trader, you might think the current price is suitable, and you can enter now or buy in batches, as getting Bitcoin at 120,000 to 180k is not a problem.
But if you are a conservative trader, you might wait, hold off until the price stabilizes and shows signs of an upward trend, then buy in batches. When we see signs of an increase, it’s likely to continue to dip once more. If not, you can go all-in directly. After all, Bitcoin’s current price is weak, and the bottom is unpredictable. Once Bitcoin shows signs of stabilization, I will definitely post an article to notify everyone! Stay tuned!
ZEC plummeted 56 overnight, with a market cap evaporating 5 billion, and 100 million contracts liquidated.
It’s not a market-wide decline; the project itself has “cracked its foundation.” A zero-knowledge proof vulnerability that had been lurking for four years was discovered by AI. Although it has been fixed, there’s no proof it wasn’t exploited during these four years. Even the most loyal supporter, Arthur Hayes, has liquidated and run away. So ZEC might be the “advance team” of this black swan event!
✅ Today’s strategy: rebound and short
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