Are you trying to trade cryptocurrency while you’re waiting for the halving of Bitcoin? Put in your stink bids and profit from any spikes in liquidity provided by the equity markets.

Last week, the price of bitcoin, or BTC$70,353, shocked investors by dropping from $69,000 to $60,800, or nearly 18% below this month’s all-time high of $73,800.

Outflows from the 11 new exchange-traded funds (ETFs) for Bitcoin contributed to the decline. Data obtained by Farside Investors shows that between March 18 and 21, a total of $836 million in financing left the funds.

Do new investors start to lose interest? How likely are they to hang onto Bitcoin if the decline persists? (After all, this is the first time that Bitcoin has reached a new all-time high before its upcoming April halving, as opposed to after.)

Lucas Kiely, Yield App’s Chief Investment Officer

Bitcoin has been following the rhythm of the equities markets ever since the ETFs were introduced. Price activity and increases in liquidity are inevitable at certain times of the day.

4 p.m. London time, FX Fix: This is a beautiful match for cryptocurrency funding resets.

The game starts in New York at 9:30 a.m. when the country’s cash equity markets open.

London, 5 p.m. New Yorkers eat lunch while merchants from Europe return home.

The U.S. cash equities markets close at 4 p.m. in New York, which presents another possibility.

These have been the best times for us to catch significant Bitcoin moves and make substantial returns. However, use caution: beyond these periods, market liquidity decreases and volatility intensifies. A wise decision pays off handsomely, but a poor one might have disastrous consequences.

Ride the liquidity swells in the equity market. My trade secret? It’s a swift momentum tactic. I maintain tight stops, buy weakness, and sell strength. As a result, this month, I have outperformed Bitcoin by 10%.

Michael van de Poppe, MN Trading Consultancy’s founder and CEO

The most recent FOMC meeting—markets and institutions typically take a risk-off approach before FOMC meetings—was probably the cause of the recent decrease in ETF investment. Furthermore, the Bank of Japan has begun raising interest rates, which has reduced market risk. That is typical. In the end, the markets shouldn’t be affected by this incident in any way. Powell’s dovish assessment of the economy’s prospects caused riskier assets to rebound higher swiftly.

Lastly, the belief that present ETF purchasers are motivated by momentum is unfounded. These initial ETF buyers will likely be long-term investors, but if Bitcoin increases, interest in the ETFs generally will decrease as well. That’s flawlessly typical.

Recommendation: I suggest taking a paradoxical approach by purchasing Bitcoin at a discount when it is still reasonably cheap. Make the most of each 15%–40% drop in the price of bitcoin to stockpile for the upcoming primary bull market.

Chris Newhouse is a Cumberland Labs DeFi analyst

Previous headlines have helped consumers realize the volatility of digital assets. The goal of investing in ETFs is to gain exposure to the asset class.

The buyers of today would do well to distinguish between long-term demand and the “FOMO” (fear of missing out) kind of purchasing. Recognize that the near future will be volatile, and consider whether you are investing in the long-term story or trading the volatility when you purchase an ETF. If the former is your goal, prepare to give timing and momentum your full attention. Keep in mind that dollar-cost-averaging, or DCAing, is your buddy if you’re doing it for the latter.

Advice: During weeks like this one, when we see “wicky” price activity with rapid drop fills, I’ve been placing “stink bids” very aggressively. There is a steady bid across all tokens from the majors to certain altcoin storylines, given the past activity surrounding the halving, the recent institutional demand, and the retail want for meme coins. The market is in buy-the-dip mode, and a significant pullback requires significant headwinds.