The Ethereum bottom is likely to have been smashed this time!
From a technical perspective, it will take at least 2-4 months to recover, and we will be back to full health by the third to fourth quarter, directly aiming for new highs.
Remember, this is my last reminder: set your profit-taking plan in advance, and don't be caught off guard when the price skyrockets!
There will definitely be pullbacks along the way, and there may even be another wave of panic selling, but that's a necessary lesson for survival in the crypto space.
Hold your positions steady and don't get shaken out; as long as the market doesn't have any surprises, reaching new highs is just a matter of time.
If you currently feel helpless or confused about trading, and want to learn more about the crypto space and get the latest insights, click on my profile to follow me, so you won't get lost in this bull market!