If we compare crypto with the stock market right now, the reaction from crypto isn’t actually that bad, considering how much negative news we’ve had lately.

Look at how the stock market is bleeding, the earnings we’ve seen from Google, Intel, and others, and how AI stocks are selling off.

On top of that, the world’s largest crypto exchange has been hacked.

Considering all of this, crypto is actually holding up relatively well.

I think the most important thing right now is to observe how the market handles all this negative news. Do we continue to see weakness, or does the market start showing strength despite everything that’s going on?

At this point, this is far more important than buying the dip.

If the market can show strength despite all these negative catalysts, buying that strength is a much better approach than blindly buying just because the price looks cheap.

There will always be countless reasons to buy if the market starts showing strength when there’s so much going on in the world and across the crypto space.

But for now, I think waiting for the right opportunity and observing how the market reacts is far better than rushing into a position.