#BuyTheDipOrWaitNow?

Key Takeaways
Great timing on your question! Both BTC and ETH recently bounced above important levels, but technicals and market data suggest "buying the dip" here isn't without risk—momentum is mixed, and some indicators flag caution.
Critical Data
BTC (Bitcoin)
Last price: $70,043.00 USDT
24h change: +2.95%
Key support: $69,811.93 | Resistance: $70,739.33 (15m); Range is fairly tight, current price near upper bounds.
RSI (daily): 100 (overbought), MACD small histo
Fear & Greed Index: Extreme Fear (7)—market is still very jittery!
Volume down sharply, “price up but on shrinking volume” (classic divergence/caution signal)
News: Institutional inflows (+$87.2M), but whales are actively selling/rotating.
ETH (Ethereum)
Last price: $2,089.38 USDT
24h change: +3.95%
Key support: $2,083.66 | Resistance: $2,122.00
RSI (daily): 100 (overbought), MACD death cross seen on short-term.
News: Some big ETH holders are fully exiting (notably Trend Research), even as there’s large whale wallets accumulating.
Professional Analysis
Both BTC and ETH have rebounded sharply in the last 24h, which has reignited bullish hopes. Still, on multiple timeframes, both are technically "overbought" (RSI at extreme levels), and price is at/near recent resistan.
The sharp decrease in trading volume—while price moves higher—signals the rally may be losing steam, not gaining it. This sort of "price up, volume down" often precedes a pullback or at least a consolidation period.
Sentiment is still fragile (as shown by the "Extreme Fear" index). Meanwhile, some whales and institutions are booking profits or rotating between assets.
In short: Chasing here may expose you to fast pullbacks. The best "dip" buys usually come when the crowd is less sure, with clear support confirmed and less euphoria/fear.
Actionable Suggestion
If you’re long-term: Staggered buying (DCA) still beats guessing tops/bottoms. The market remains in a macro uptrend, but do NOT go all-in here.
If you’re short-term: Wait for confirmation—a pullback towards support ($68,900-$69,800 for BTC, $2,060 area for ETH) is more likely than chase momentum after a sharp bounce.
Use alerts and avoid leverage in current high-volatility conditions.
Risk Advisory
Both BTC and ETH are highly volatile, especially after rapid rallies and extreme fear.
There’s clear evidence of overbought conditions, raising risk of sudden drops.
News of sudden whale moves or unexpected events (liquidations, regulatory) could swing prices hard—stay nimble.