$ETH Don't try to catch the bottom

BTC and ETH have not yet hit bottom

Yesterday, I posted a reminder that BTC has not yet bottomed, and ETH would see new lows. Today, ETH immediately hit a new low. I don't know how many people saw my post, but if you did, you could perfectly avoid a disaster. I also mentioned yesterday that this rally and the previous strategic reserve rally are almost identical; both were driven by news, and the next day everything dropped back down, even hitting new lows. This time, the situation is the same, with more drops than gains compared to the day before yesterday. So right now, definitely do not try to catch the bottom. In my view, trying to catch the bottom is a mindset error because the success rate is very low. For the sake of one or two points of profit, what's the point of getting yourself stuck?

Currently, the entire market is very unstable. It's best to stay in cash and wait; do not try to catch the bottom because BTC and ETH have not yet hit bottom. Trying to catch the bottom before they do carries risks. It is still advisable to focus on short positions. If there's a rebound to resistance levels, then go short. Today also marks the day when tariffs are finalized, but the risk factor still exists because Trump may increase tariffs on the East by 50%. If that happens, the market could see another significant downturn. For now, it's just a threat and hasn't materialized, so there's no rush. However, there could also be positive news, such as increased expectations for Fed rate cuts or more rate cuts, which would be a great opportunity. There will definitely be a rebound in mid-month; as for when it will rebound and to what level, we will have to watch the market trends.