Definition ∞ Dip buying confirmed refers to a market scenario where a price decline is met with strong buying pressure, indicating investor confidence in the asset’s underlying value and a belief that the downturn is temporary. This action suggests that market participants are utilizing lower prices as an opportunity to accumulate, preventing further significant drops. It signals a robust support level and often precedes a price recovery. Such confirmation is a bullish indicator for market observers.
Context ∞ News and market commentary frequently highlight instances of “dip buying confirmed” during cryptocurrency market corrections, particularly for prominent assets like Bitcoin or Ethereum. This phrase often appears in analyses suggesting a potential market bottom or a return to upward price momentum. Observers watch for volume spikes during price declines as an indication of this phenomenon, providing valuable context for understanding short-term market dynamics.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
