Legendary trader Eugene the Pigeon just mentioned that he recently tried to buy the dip but got slapped in the face and failed. He believes the market is still at hell-level difficulty, so he’s decided to stop trading for now, observe for a while, and then try to re-enter. Initially, he was strongly bearish when Bitcoin was at $120K and shared this view, but when the market pulled back to ETH at $3024, he tried to buy the dip and ultimately failed.