I need to constantly remind myself that I can't time the market. You can wait for opportunity but timing the market itself is a fallacy.

The best example comes from this reddit post:
https://www.reddit.com/r/AusFinance/comments/c05gfb/timing_the_market_the_absolute_worst_vs_absolute/

In the end, no matter what is the asset class (stock, bonds, real estate, etc...), it is always better to keep investing. This is assuming no major war or communist overthrow happens (you can ask the Venezualan or Pre-Russian revolution that did dollars cost averaging.

The spreadsheeet is here:
https://docs.google.com/spreadsheets/d/1nBDkD9Zrjb3VZJy6ZjmPCd3ehoagKMIkw6m3WZvxeTw/edit#gid=0

This shows the best is to setup (TODAY!) an automated process to do dollars cost averaging. It may be every 2 weeks or every month into a diversified ETF index fund.