What does a textbook #Bitcoin dip in a bull market look like?
I provided this thread to @_checkonchain subscribers at $57.5k, not because I wanted to pick the bottom, or thought it couldn't go lower.
Instead, I shared my own personal logic behind why I stacked sats myself. 

Twitter

牛市中典型的#Bitcoin 下跌是什么样子的？
我以 57.5 万美元的价格向 @_checkonchain 订阅者提供了这个帖子，并不是因为我想触底，或者认为它不能再低了。
相反，我分享了我自己囤积 Sats 的个人逻辑。

该交易员总计 48 次预测 15 分钟市场涨跌，1 天净赚 8 万美元。

1 天赚 8 万，这位顶级玩家把 Polymarket 当提款机

领先的加密货币比特币（$ BTC）在反弹至 7 万美元后再次下跌。目前比特币交易价格在 6.7 万美元左右，而以太坊（ETH）交易价格在 1960 美元左右，原因是美国 1 月的通膨数据…

突发！美国通膨数据发布！以下是比特币（BTC）的初步反应！

原创 | Odaily 星球日报（@OdailyChina）
作者 | Ethan（@ethanzhang_web3）
早前的某个深夜，我在一个币圈交易员群里看到了一场有意思的争论。
起因是有人发了张英伟达股价突破 190 美元的截图，配文：「早说了让你们配点美股，现在后悔了吧。」群里瞬间炸开了锅。有人抱怨券商开户太麻烦，有人吐槽资金跨境转账慢得要死，还有人干脆说：「我 USDT 躺在钱包里，想买...

从比特币到英伟达：Gate如何打造Web3时代的「全能交易账户」？

Firstly, price revisited and traded below the STH cost basis at $59.5k. This was a level we flagged in our first post about risks of 'Top Heavy' markets
However, if you believe, as we do, that #Bitcoin is in a bull market, that's exactly where you'd expect support to be found! 

首先，价格重新回落并低于 STH 成本基础 59.5 万美元。这是我们在第一篇关于“头重脚轻”市场风险的帖子中标记的水平
但是，如果您像我们一样相信 #Bitcoin 处于牛市，那么这正是您期望找到支撑的地方！

I'm a HODLer, and I like buying #Bitcoin.
However I also like buying it at a discount, and less so at a premium.
On a statistical basis, that dip brought us much closer to the 200D moving average, and statistically speaking, $BTC was no longer expensive for a bull market. 

我是一名 HODLer，我喜欢购买 #Bitcoin。
但是我也喜欢以折扣价购买，而不是溢价购买。
从统计上看，这次下跌使我们更接近 200D 移动平均线，从统计上讲，$BTC 对于牛市来说不再昂贵。

You also want to see a little bit of pain and fear. We know the ETF holders capitulated ~$700M, and we could see a hefty sum of $BTC fall into loss.
That said, dips are scary for a reason, they shake people out.
If we were going to bounce, it would probably look like this! 

您还希望看到一点痛苦和恐惧。我们知道 ETF 持有者已经损失了约 7 亿美元，我们可能会看到 $BTC 的巨额亏损。
话虽如此，下跌之所以可怕是有原因的，它会吓跑人们。
如果我们要反弹，它可能会像这样！

Naturally, plenty of folks bought high and then sold low.
STH-SOPR is one of my all time favourite indicators, and it printed an absolutely beautiful undercut of 1.0.
It shows me when the top buyers specifically started to capitulate out.
I like taking the other side of that. 

当然，许多人都是高价买入，然后低价卖出。
STH-SOPR 是我最喜欢的指标之一，它打印出绝对漂亮的 1.0 底切。
它向我展示了顶级买家何时开始投降。
我喜欢站在另一边。

For a final dollop of cream on the cake, we also saw the #Bitcoin futures market cool down in a very healthy way.
This didn't look like a margin call, so my concern about a massive, sharp, angry deleveraging was minimal.
Overall, this describes a bull market dip where I step in.

最后一点锦上添花的是，我们还看到 #Bitcoin 期货市场以非常健康的方式降温。
这看起来不像是追加保证金通知，所以我对大规模、急剧、愤怒的去杠杆的担忧微乎其微。
总的来说，这描述了我介入的牛市低谷。

I shared a video post in the original newsletter where I show how I assign simple probabilities and frameworks to these metrics.
They are simple frameworks that any #Bitcoin HODLer can use to improve their DCA hit rate, and feel more confident about their decisions. 

我在原始新闻通讯中分享了一个视频帖子，其中我展示了如何为这些指标分配简单的概率和框架。
它们是任何 #Bitcoin HODLer 都可以使用的简单框架，以提高他们的 DCA 命中率，并对他们的决策更有信心。

The post received very positive reviews, as it was coming from Check the HODLer first, vs Check the analysts second.
Thank you to every @_checkonchain subscriber, you're the best, and you have made my year already.
It's a joy creating content for you.

这篇文章获得了非常积极的评价，因为它首先来自 Check HODLer，其次来自 Check 分析师。
感谢每一位 @_checkonchain 订阅者，你们是最棒的，你们已经让我这一年很开心了。
为你创作内容是一种乐趣。