I've decided to stay away from crypto at least a month before even thinking of whether to buy the dip or not.
It is also a good idea to exit the trade first. We have seen several situations where the market went down and went back up in a short time. This situation has happened several times and there is always news of large liquidations. If you still want to trade, choose spot trading now. Also, choose assets that are suitable for the long term to anticipate the possibility of a market decline. Or you can switch to holding Bitcoin.
quite the opposite I think right now is the best time to buy the dip, market has dipped more than multiple times already, don't think if there's any other dip it will go deeper, RSI show oversold.
I personally did buy the dip not too long ago when SOL reached $95, it was a great buy but market is trying to retest support again it seems.
overall if you have belief that we're still in bullrun, I think it's worth a shot.
as for derivatives, they're not really great at the moment, trump' tariff announcement is like an anomaly that can manipulate the market into going against our favour.