Yesterday's 24-hour liquidation volume was 814 million, with long positions liquidating 678 million, marking the third-largest liquidation record this year. Big events are coming; as the saying goes, buy on small dips and buy more on large dips. The key is to see if the US stock market can stop falling tonight.
Currently, pepe has already retraced 42% from its peak, leaving little room for further decline. Around 1500 is a good point to continue placing orders to build positions.
If the market continues to fall, wait for Bitcoin to reach the strong support at 93700, and then increase positions in pepe at that price. For those who prefer stability and do not want to trade on the left side, wait for a clear period of stabilization before building positions during the right-side rally.
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