A big dump of 6000 points is not a crash, it's just the beginning.

From a macro perspective, the long-term trend of Bitcoin mainly relies on adjustments to the Federal Reserve's monetary policy, institutional capital entering the market, and the halving cycle for support. Now that the Federal Reserve's interest rate hikes are coming to an end, subsequent rate cuts will increase the amount of money in the market; coupled with institutions becoming more willing to allocate BTC (such as the advancement of spot ETFs), and its value storage role against the backdrop of "de-dollarization," along with the typically good market conditions after the halving in 2024, the foundation for long-term upward movement is solid.

On the news front, the Federal Reserve's hawkish comments have been quite strong recently, causing some short-term panic in the market, but this is just a small fluctuation in the long-term layout; from a technical perspective, BTC's price is approaching the key support level of 98,000, which serves as support after the recent big dump and is also the upper edge of the previous consolidation range. Moreover, the long-term trend indicators on the weekly and monthly charts have not damaged the bullish structure, so the short-term fall is just a normal adjustment.

The White House shutdown has ended, and the country is also working on a cryptocurrency regulatory bill. Currently, it has retraced nearly 30,000 points from a high, while Ethereum has retraced 1,800 points. Since it hasn't gone bearish, this is the best time to buy the dip. You can try to gradually enter long positions!

Long-term layout doesn't have to be too complicated, just look for opportunities to buy in the 95,000-100,000 range, set the stop loss at 82,000 to prevent the trend from going bad, and aim for 116,000-126,000.

Additionally, be careful not to invest more than 20% of your investment funds here. Pay attention to macro policies and regulatory changes as these risk points.