#ETH
For now, my market outlook remains predominantly bearish.
Yes, we saw ETH bounce from 2,170 to 2,256, but personally, this still isn’t the kind of buying opportunity I mentioned earlier. What’s more, even if we see another small bounce, I wouldn’t rule out the decline continuing afterward.
I’ve said before that I don’t see enough signs of a proper bottom forming. BTC hasn’t even tested the 55,000 area, let alone the more interesting zones for long-term investments at 45,000–37,000.
That’s where I’d start paying much closer attention to opportunities to build positions.
The only question is whether we’ll get prices like that, and when.😅
So for now, no rush—I’m watching the market and staying cautious. Not every bounce means a reversal, no matter how much we’d like it to.
For now, my market outlook remains predominantly bearish.
Yes, we saw ETH bounce from 2,170 to 2,256, but personally, this still isn’t the kind of buying opportunity I mentioned earlier. What’s more, even if we see another small bounce, I wouldn’t rule out the decline continuing afterward.
I’ve said before that I don’t see enough signs of a proper bottom forming. BTC hasn’t even tested the 55,000 area, let alone the more interesting zones for long-term investments at 45,000–37,000.
That’s where I’d start paying much closer attention to opportunities to build positions.
The only question is whether we’ll get prices like that, and when.😅
So for now, no rush—I’m watching the market and staying cautious. Not every bounce means a reversal, no matter how much we’d like it to.
