Bitcoin and Ethereum Plummet: Market Awaits Ideal Buy Opportunity Amidst Liquidation Fears

Bitcoin has recently fallen to a low of $56.7K, while Ethereum has dropped to $3.1K, prompting many traders to see this as a “buy the dip” opportunity.

However, the best strategy might be to wait until the initial rush subsides. The ideal time to buy is when the market sentiment shifts to impatience and skepticism.