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Brothers, is it time to buy the dip?
Are you hearing people shouting this every day? Do you believe it? Then congratulations, you are already seen as a leek by others.
Buying the dip when the bottom hasn't even arrived yet! All those calling for a dip now are either trapped and trying to drag others down or are just leeks who don't understand the big trend.
The recent surge caused by Iran's missile strikes isn't even a proper rebound; essentially, it's just short-term profit-taking by short sellers closing their positions.
Look at the trading volume and you'll see—it's all quantitative funds and short-term traders playing fast and loose, with no institutional funds stepping in to buy.
The real safe-haven funds have long since rushed into oil and gold; who would be foolish enough to hedge with Bitcoin, which has ten times the volatility of gold, in an environment of high Federal Reserve interest rates?
The core negative factor of the big trend hasn't changed at all: Goldman Sachs has completely given up on this year's rate cut expectations, pushing the cutback to 2027, and the market is even starting to price in an interest rate hike by the end of the year.
The US spot Bitcoin ETF has been net outflow for 13 consecutive days, totaling $4.4 billion, with BlackRock leading the sell-off. Even MicroStrategy, which has been shouting "never sell Bitcoin" for four years, has started reducing holdings.
These are the real driving forces behind the market trend, not some temporary geopolitical conflicts or emotional reactions.
Even now, Bitcoin hasn't even broken below $60,000—what bottom are we talking about? The true bottom will be when everyone is hopeless, and no one is calling for a buy-the-dip anymore.
There are still so many people trying to catch the rebound, which means the decline is far from over.
The most correct strategy now is to short on rebounds; when it rises above $64,500, keep shorting. Don't $BTC catch falling knives.