All done, all done—Bitcoin has crashed hard! Has the bull market ended? Can we now buy the dip? Come take a look.
1. First, let’s talk about why it fell: it’s all because of Woosh! Last night, he spoke at an international central bank meeting, and his remarks were intense. He said current inflation is too high and hinted that rate hikes might be coming. Then, boom—crypto and US stocks both plunged together, dropping 5% or even more. So the question is: can we buy the dip?
2. Yes, we can! You know what? This is actually the pullback we’ve all been dreaming of. The strong support for $BTC is around 75k, $ETH is above 2300, and Sol’s support is around 98. Now it’s very close—place a limit order just slightly above the support level, and the dip becomes an opportunity to catch a rebound!
3. Actually, Shu Qin also warned everyone a few days ago about the risk of a double-top pullback. If the price can’t keep rising and the double top forms, then it can only drop a bit first. So as shown in the image, Shu Qin talked about Bitcoin needing a pullback yesterday—back then the BTC price was 80k. But right after the video was posted, it dropped to 76k.
4. The above is for futures—entering at relatively extreme price levels—so you can achieve a higher risk-reward ratio and better odds. But for spot traders who aren’t too sensitive to short-term price movement, I think buying on dips makes sense. In the long run, Bitcoin will certainly go above 180k, so whether you buy at 75k or 77k doesn’t make much difference. Right?
5. So for all the babies who watched my show and managed to escape the top—congratulations! Now we’re just going to consider buying back on dips. Take another long when it hits key support. Don’t mention it—just be happy~
6.. Also, I don’t know if everyone has noticed a secret. Actually, in the picture Shu Qin posted on Thursday, besides the Sol long positions, there’s also a $AMZN Amazon long position! As shown in Figure 2—that’s the one. Then today Amazon released its results, and in one day it surged 5%! Did you notice? Every day with me—just do it. That’s all you need to do~