Buy the Dip? Don't Follow the Crowd So Fast...

🤷 Traders are showing a very high level of confidence that this dip is 'the one to buy', according to the spike in discussions across X, Reddit, Telegram, 4Chan, BitcoinTalk, and Farcaster. Ideally, we are waiting for this crowd enthusiasm to die down as a signal that enough pain has hit retail traders to justify a bounce.

Markets move in the opposite direction of the crowd's expectations, so look for declining optimism and shrinking levels of #buythedip calls as a bullish signal.