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Gate Square | 2/5 Today's Hot Topic: #BuyTheDipOrWaitNow?
🎁 [Community Perk] Post with the topic or #BTC, 10 lucky users * $100 position Voucher.
Market volatility continues as BTC breaks below the $74,000 key support level, with altcoins pulling back in sync. Are you buying the dip in batches or waiting for a better entry point?
💬 Today’s Discussion:
1️⃣ Bottom Signals: Where do you see BTC’s bottom — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
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Thursday, 70,000 Breakout, Bearish Night of Celebration
Just now, Bitcoin broke below the 70,000 level. We've been waiting for this moment for a long time. All the die-hard fans are well-fed and satisfied. This month, we've been bearish all the way, currently down by 20,000 points. Comfortable. Whales are cutting their losses, and we are eating the whale meat.
The bottom has not been seen yet. Any rebound is just a correction and consolidation. When a one-sided trend arrives, our strategy is to go with the flow. Don't always try to catch the bottom. This round of decline first targets 65,000/1850. Ethereum's thinking is aligned. Last moment before the end of the year, time to buy!