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Why didn’t I buy the dip? Let me tell you two ghost stories. My personal assessment was around $55,000; falling below $60,000 was already close to my estimated bottom. But I didn’t add more BTC. Because there are still major events this month that haven’t unfolded yet. On Wednesday, June 10, the CPI is likely to come in weak. The first ghost story: June 11–12. SpaceX IPO + World Cup kickoff Some believe these two events will drain liquidity. The second ghost story: June 18. Quadruple Witching + Dot Plot Since June 19 is Juneteenth, options and futures settlements are likely to occur on June 18—this is Quadruple Witching day, when monthly and quarterly options and futures expire simultaneously. Additionally, this is also the first FOMC meeting since Waugh’s appointment, along with the release of the Dot Plot. These dates won’t necessarily trigger a decline, but significant volatility is unavoidable.

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