In the video, Miles discusses the recent crypto market dip, driven by fears over geopolitical tensions in the Middle East.
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He explains that both Bitcoin and altcoins have dropped, but emphasizes that this downturn is not unexpected. Miles reassures viewers that such pullbacks are part of normal market behavior, often presenting buying opportunities for those prepared.
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Miles points out that the market was already showing signs of weakness before the news, and this dip aligns with patterns he's observed. Rather than panic, he suggests using this time to consider buying strong-performing coins from the recent bullish phase. Meme coins like Pepe are among those he expects to rebound when the market stabilizes.
He advises taking a cautious, yet optimistic approach, highlighting the importance of having a prepared list of assets to buy during dips. By doing so, investors can take advantage of lower prices, especially if they have already taken profits during recent market highs.