$BTC ‌$ETH ‌$SOL ‌ Major coins collectively pull back: causes of the drop, dip-buying thinking, and practical strategies

Recently, Bitcoin has seen a clear plunge, and many people are curious about what triggered the sell-off and whether it’s suitable to buy the dip right now. Let’s discuss market opportunities and trading ideas here.
The core catalyst for this crypto market drop is the collapse in the semiconductor sector. Samsung and SK hynix both fell 16% in a single day. As related negative news gained momentum, and with pre-market weakness in A-shares and U.S. stocks happening in sync, Bitcoin was dragged by the broader market and followed with a pullback. SK hynix listed in the U.S. on Friday, temporarily lifting the price. After the good news was priced in, it began a sustained decline. This type of corrective move is likely to continue for several days, making it suitable to wait for a better entry point at a lower level.

In contrast, BTC has only fallen 1.5%, highlighting its resilience and strong performance. 62.6k and 61.5k are key support levels. It has already been indicated that a rebound was set up around here.
Ethereum repeatedly tested the 1,830 resistance and then failed under pressure and pulled back. The earlier swing long positions were perfectly exited, realizing gains.

Due to uncertainty in the U.S. stock market, operations remain conservative. ETH is waiting for 1,730, and BTC is expected to target 61.6k for staged dip-buying. Even if you don’t get a low-price opportunity, there’s no need to worry. Previously, the ETH 1,530 position was held through to 1,830 and fully took profit. At this stage, you just need to do short-term swing trades with a small position size.

Note: If you need a strategy, you can join the chat room…