A sudden and steep decline without any prior signals typically points to a whale offloading their holdings at market value. This kind of sell-off often triggers a rapid price drop, but it’s followed by a swift recovery as the market stabilizes.

While buying the dip can be a smart move, it's crucial to avoid entering too early. Chasing a sharp downtrend, or "catching a falling knife," can lead to losses. Instead, exercise patience and wait for the market to consolidate with sideways movement before making your entry. This approach reduces risk and offers a clearer picture of where the price is headed next.

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