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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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Today, BTC is dropping more sharply than ETH, mainly because the market has funds that believe around 2000 is the bottom for Ethereum, so this level has more concentrated support funds, making ETH feel very solid and hard to fall. Most funds believe that Bitcoin's first bottom is around 68k to 69k, so there are no funds to support the 75k to 70k range, causing Bitcoin to fall faster than Ethereum. Once Bitcoin breaks below 70,000 and breaches Ethereum's psychological support line, it will be hard to hold and may capitulate. The market shows continuous downward movement without any negative news, and the decline is very rapid, clearly aimed at wiping out whale institutions' positions. It feels like the big coins from 55k to 65k and ETH from 1800 to 1600 will soon meet everyone.