Bitcoin has formed a double bottom on the four-hour chart, and it currently seems to be stabilizing.

Yesterday, I publicly shared a plan to buy the dip at 103,000 and go long. I allocated 2% of my main position and added another 2% at the 99,000 level. If you followed my advice and did the same, you should be making a profit now.

While it looks like the market is stabilizing, we should also take protective measures. It's wise to reduce your positions now and wait for a second dip to add more, which is the safest approach.

For those who like to follow the trend, don’t worry about the 85,000 level. After all, with the current decline, what’s the point of looking at 85,000? We should focus on the current levels.

The market is in a state of extreme panic. I previously shared a panic trading method. When the market is panicking, isn’t it better to buy the dip rather than wait for it to rise to 100,000, 120,000, or even 200,000-300,000 before buying?

A quick note: I did buy ETH early yesterday, but I expected it wouldn’t fall below 3,300, so I planned to buy below 3,400.

You’ve probably seen the market action yesterday—you can see even whales are shaking their heads. Currently, my average buy-in at 3,100 is around 3,350. What’s there to be afraid of?

For spot traders, I’ve said this many times: buy the dip! Buy the dip! Buy the dip!