Whether to buy the dip or not seems like a simple question, but in fact, it's quite complex. Buying and selling should be logically consistent, and since a group friend asked me, I’ll share my thoughts.

It specifically depends on your own logic for buying and selling. Do you focus on price rather than time, or do you look at macro liquidity, or do you analyze candlestick charts and trading volume? If you analyze candlestick charts and have your own strategy, you can only determine it based on your own strategy.

If you are looking at the price, then you are a firm believer in Bitcoin and are following a dollar-cost averaging strategy. That's completely fine, because this 70,000-80,000 position may last here for a year, or for half a month, or for six months; you can hold on because you are looking at the price, not the time.

If you are looking at macro liquidity, then this position definitely cannot be bought right now; at least, I won't buy.