Bitcoin plunged below 77k in one go today. It’s now significantly oversold, and I don’t think there’s much room left to fall, even if it drops further. A pullback driven by panic sentiment can easily be followed by a V-shaped reversal, so chasing the trend at this point could backfire.

This week, while we were above 81,000, I called for shorts at least three times. Picking up 5,000 points was a breeze. Now I’m shifting my strategy and focusing mainly on buying the dips.