Right now, ETH already had a big drop. After a big drop, the market usually does two things: it either moves sideways for some time, or it makes a small bounce and then drops again. This means the easy trade is already finished, and now we must be careful.

At the moment, ETH is trading between support and resistance. It is not strong, and it is not clearly reversing up. Because of this, the best strategy for a day trader is not to chase price in the middle.

If ETH moves up toward 2970–3010 and starts to slow down, show small candles, or gets rejected, that is a short scalp opportunity. This is a quick trade, small profit, in and out.

If ETH goes down near 2900 and holds there, then makes a higher low and starts to move up again, that can be a small long scalp. This is only a short bounce trade, not a big move.

If price stays in the middle and does nothing clearly, the best trade is no trade. Waiting is also a position for a day trader.

The key rule to remember is this: don’t predict, react.

We wait for price to come to a clear area, then we trade the reaction.

Along with Ethereum $BTC and $SOL will also follow the same chart.