BTC fell 20%, is it a buy the dip opportunity now?

Recently, the crypto market sentiment is cold, and BTC has fallen over 20% in two months. However, looking at the long term, the data is quite interesting:

In the past 2 years, BTC has risen by 130%, while the S&P 500 has only risen by 50%. Institutional funds have also not stopped—Bitcoin ETFs have locked in over $120 billion, which indicates that institutions are treating BTC as “digital gold” in their allocations.

Why are institutions optimistic? Mainly because BTC supply is limited, not controlled by central banks, somewhat resembling the logic of traditional gold. Additionally, with the recent rise in FOMO sentiment, this wave of low prices is indeed attractive.

But can we bottom out this time? To be honest, BTC has always fallen and then reached new highs in its history, and this record is strong. However, don't be blind to it—after all, it is still very young, with large fluctuations, and its real safety still needs to be verified.

Conclusion: If you have 1000 yuan of spare money, you can allocate a little to BTC (as part of a risk asset allocation), but don't go all in. Encryption is still a high-risk variety, so be mentally prepared.