$ETH – Avoid Trying to Catch the Bottom

BTC and ETH have not yet found their true bottoms. Yesterday, I issued a special alert emphasizing that BTC hadn’t reached its minimum, and that ETH was likely to set a new low soon. As expected, ETH hit a new low today. I’m not sure how many saw that message in time, but those who did likely avoided significant losses.

I also pointed out that this recent price surge—like the previous one—was driven by news, particularly around strategic reserves. Both times, the rally was short-lived, and prices collapsed the next day, making new lows. This current situation mirrors that pattern. Given that the price has now surged even more than it did two days ago, trying to buy the dip is extremely risky.

From my perspective, attempting to buy the bottom is a flawed strategy with low odds of success. For the chance at a small gain, you're taking on disproportionate risk.

Right now, the entire market is highly unstable. The best move is to stay on the sidelines. BTC and ETH still haven’t reached their true lows, so premature dip-buying could be costly. Our focus remains on selling into strength. If there's a rebound toward a resistance level, that could be a good opportunity to sell.

Today also marks the finalization of tariff decisions. There is still significant risk: Trump could impose a 50% tariff on the East, which would trigger another major market downturn. While this remains a threat for now, and not a confirmed action, we’re being cautious. On the flip side, if there’s positive news—such as stronger expectations for Federal Reserve rate cuts or more aggressive easing—that could open up new opportunities.

A rebound is likely around mid-month, but the exact timing and levels will depend on how the market evolves. Stay alert and avoid unnecessary risk.