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If funds are limited, don't easily buy the dip; the bottom can never be fully bought.
1. Yesterday's close saw someone mention a 4H triple bottom divergence, but the actual volume bar value was greater than the value at 11/5 UTC 8:00. Last night there was a weak rebound, continuing the downward trend.
2. The open interest of BTC futures remains high, close to the volume of 10/11. The ultimate showdown between longs and shorts is approaching. Before the open interest declines significantly, do not easily buy the dip; nearly 500 million flowed into futures yesterday, and after one night, it all ran away, while spot funds have been continuously flowing out.
3. There are indeed quite a few people buying the dip in ETH spot, which can be seen from the on-chain data. As the saying goes, the more people shout to buy the dip, the less likely it is to be the bottom 😄