Can we buy the dip on Bitcoin now?



$BTC
Brothers, this weekend's sharp decline was brutal, dropping straight to 59,000. It has now rebounded to around 63,000, just a 22% drop from the high.

First, the conclusion: for long-term investors, you can buy in installments; for short-term traders, absolutely don't try to bottom fish.

Why can we start to position now?

The Fear and Greed Index is only 8, indicating extreme fear.

The AHR999 index is at 0.4395, entering the official bottoming zone.

The average market cost is 54,000, with long-term holders averaging 48,000.

The halving cycle hasn't finished yet, and institutions haven't exited en masse.

Why absolutely must not go all-in?

The macro environment has completely changed; this year’s rate cuts are unlikely, and rate hikes may even occur.

ETF net outflows have continued for 13 days straight, setting a record.

Technical indicators have broken down, and the 60k level is at risk.

The Middle East situation is unstable, and inflation pressures are mounting again.

My trading advice:

Long-term players (holding over half a year):

60k-63,000: buy 20%-30%

54,000-57,000: buy 30%-40%

48,000-51,000: full position

If it falls below 45,000 and doesn’t recover in three days, cut losses.

Short-term traders:

Mostly observe; wait until it stabilizes above 66,000 before lightly adding longs.

Stop loss below 60,000, target 71,000.

Final reminder:
This is not the bottom, but it’s already in the bottom zone. Build positions gradually, don’t bet on a single direction. Money can be made endlessly, but losses can wipe you out.

The Federal Reserve meeting on June 18-19 is critical; be patient and wait for the dust to settle #伊朗袭击以色列 .
BTC-0.66%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments