The market for #ETH seems to be moving in the opposite direction of what people think. Recently, rumors of a possible significant drop have been circulating everywhere, and it seems like there has indeed been a drop, making everyone hesitant to go long and even more reluctant to make bold moves. However, the reality has repeatedly lured people into shorting, with both large and small short squeezes, rapid declines over short periods, and relatively long but slight declines, scaring everyone away from going long.

If you’re hesitant to go long on contracts, you can consider spot trading. Right now, it truly appears to be a short trap, turning into a rise. It’s such a solid increase that you can confidently go long on contracts without fearing the highs; in fact, they are not high at all and can continue to soar. During the upward movement, pay attention to taking profits in batches, or go long on short-term dips, and take full profits on upward spikes, re-entering on drops.

Buy on dips, take profits on spikes. $ETH