Such drops by $ETH do not lie for long.

I have seen this scenario more than once: the market is scared by a sharp sell-off, the weak exit, and then the price turns around faster than most can get in. Right now, the downward movement looks exactly like this — the impulse was sharp, but there is no continuation from the sellers yet.

In such moments, I do not chase confirmations. For me, this is exactly the area where it is worth starting to take a position while the market is in doubt. Usually, there is little time to swing here.

I watch the price reaction and act while the window remains open.

ETH

2,017.86

-0.15%