📉 Don't fight the trend. Don't catch the falling knife!
$ETH
Looking at the 1D chart, the bearish market structure remains clear. The recent sell-off was sharp and aggressive, but it is still just another move within the prevailing downtrend.
More importantly, price has not yet reached a significant support zone.
My approach here is simple: Prioritize short opportunities and wait for a proper entry.
Don't rush to buy just because the price has dropped significantly. A cheaper price doesn't necessarily mean a bottom.
Trade with the trend, not against it.
$ETH
Looking at the 1D chart, the bearish market structure remains clear. The recent sell-off was sharp and aggressive, but it is still just another move within the prevailing downtrend.
More importantly, price has not yet reached a significant support zone.
My approach here is simple: Prioritize short opportunities and wait for a proper entry.
Don't rush to buy just because the price has dropped significantly. A cheaper price doesn't necessarily mean a bottom.
Trade with the trend, not against it.
