Dip

Plain reading

A short-term drop in the price of a cryptocurrency within an otherwise stable or upward trend. 'Buying the dip' is a popular strategy based on the assumption that the decline is temporary and the price will recover. The challenge is distinguishing a dip from the beginning of a larger decline.

The Oracle speaks

The Wheel turns and briefly dips below the horizon. Every dip looks like an opportunity in hindsight and a catastrophe in the moment. The Wheel does not label its rotations for the seeker's convenience. It simply turns, and the seeker decides what they believe they are seeing.