I just took a look at the liquidation map. If $BTC drops to 90,000, there will be over 2.43 billion longs liquidated.

It seems that after this sharp drop and the liquidation of leverage, many people are still waiting to buy the dip. I think the market won't quickly rebound to a V shape. This time, it needs to wash out everyone to the point where they won't dare to act easily.

I remember the last time it dropped to 90,500, the longs were completely washed out, and then the market quickly rebounded. This time, the rebound is slow and feels a bit strange. I suggest that brothers who want to buy the dip take it slow: buy a little on small dips, don’t buy if it doesn’t dip, and buy more on big dips.

This is definitely better than chasing higher prices. We have to believe that the overall trend is still upward; we just need to endure this period of correction. Using high leverage is like playing with fire; it's best to place orders at the market's low points and wait to buy the dip. Don't rush; those who are anxious in this market have already been buried!

If you want to know which assets you can buy the dip on, you can check out my posts; they all have tips!