$ETH Market Insight: Navigating the Current Trend

The recent $ETH price action has been full of mixed signals. On one hand, rumors of a major drop caused fear, leading to short squeezes and sharp but short-lived declines. Many traders were shaken out of long positions, while spot trading became a safer option for those who stayed cautious.

Currently, $ETH has shown signs of a recovery rally — suggesting that long positions, especially in spot trading, may still have room to grow without major fear of "buying the top."

However, it's important to stay grounded: a 5-day correction phase is likely beginning. Volatility may rise, and market sentiment could shift quickly.

Strategy:

Consider closing leveraged long positions to minimize risk.

Stay patient during the correction; after it concludes, a new growth phase is expected.

Smart money prepares, not panics. Manage your risk wisely and stay ready for opportunities!