Are the bros all starting to buy the dip now? Is this really the bottom? BTC accelerated its drop to $60K this morning (some spot prices even saw the 5X,XXX range). Saw a lot of people starting to catch the bottom. For spot, DCA below $60K is definitely a solid move—no complaints there. We’re only 30K away from the $30K low, but 60K from a new ATH. Sounds like a good deal, and at the end of the day, it’s all about conviction. But if we look at the price action objectively: right now, it’s just a natural bounce after a sharp sell-off. There’s no clear bottom signal or reversal of the bearish trend; we’re still seeing a de-leveraging liquidation move. This is just a relief rally. For intraday trading, I’m still focusing on shorting the bounce. Today, I’m watching the $66K-$67K zone for shorts, and if the rebound is strong, looking at shorts around $68.8K-$70K. If we hold above $68.8K-$70K, then I’ll target $72K. ETH needs to reclaim $2K before I’ll consider a bottom structure and flip bullish. If we see another test and hold around $60K, then we might chop in a bottom range for a while. Will keep an eye on where the natural bounce tops out to define the range. Bottom line: DCA spot here is fine, but I’m not chasing contracts higher. #BTC #ETH

If you're still buy the dips, then it's not the bottom yet.