There's a data point to watch out for, don't rush to buy the dip.

Bitcoin's Net Taker trading volume recently dropped to -$19 million (25-hour moving average), the most intense selling pressure since December 23.

It might sound a bit confusing, but what does this indicate?

It's not ordinary investors offloading, but large funds actively dumping their holdings to dominate the market. A negative Net Taker means sellers in the market are rushing to sell at market price, indicating that short-term sentiment has already turned clearly bearish. This is a typical tactic of the main players to suppress prices, shake out weak hands, and create panic. More observation is needed before taking action.