#BuyTheDipOrWaitNow? 1. The Case for Buying the Dip (抄底)

If you have a medium-to-long-term horizon, this synchronized drop is often the "blood in the streets" moment that precedes a bounce.
Asset Quality: High-quality equities with strong cash flows and "Blue Chip" crypto (BTC/ETH) are currently on a seasonal discount.
The "Pivot" Bet: Markets often over-anticipate pain. If central banks hint at a pause or a pivot sooner than expected, these oversold assets will snap back violently.
The Math of DCA: Dollar-cost averaging (DCA) removes the stress of "timing the bottom," which—let's be honest—is nearly impossible to hit perfectly.
2. The Case for Watching from the Sidelines (观望)
Caution is a valid strategy when the macro environment is this "noisy."
Catching a Falling Knife: If the sell-off is driven by a fundamental shift in interest rates (higher for longer), we might not be at the bottom yet.
The "V" vs. "U" Recovery: We may see a "U-shaped" recovery where prices stay depressed for months. Buying now might tie up your capital while better opportunities emerge later.
Cash is a Position: In a high-interest-rate environment, holding cash or short-term treasuries is actually a productive "risk-off" move that pays you while you wait for clarity.