Don't let the Ethereum "upgrade" cloud your judgment; trading Bitcoin is a high-risk operation until it stabilizes!!!
This market seems calm on the surface, but there are undercurrents. Bitcoin has dropped from 97,500 to 95,500, a typical 'boiling frog' scenario, killing without bloodshed and testing patience. This is not merely a correction; the main players are intentionally suppressing sentiment and squeezing out floating capital.
Many people are pinning their hopes on the Ethereum upgrade on May 7, dreaming that "upgrade = takeoff." But let me remind you: no matter how independent Ethereum seems, it can't escape Bitcoin's rhythm. Especially since Bitcoin hasn't stopped falling; blindly going long on Ethereum is essentially like crashing a small car into a truck. Even if it spikes short-term to 2,000, it could be a final trap.
The market's shift between bulls and bears cannot be reversed by a single "positive date." The regulatory direction of the United States, institutional attitudes, and ETF capital inflows are the real variables that can determine the trend. From a technical perspective, Ethereum has not yet established an effective structure, and the volume hasn’t kept up.
In summary: it's not that you can't open long positions, but you should wait until Bitcoin stabilizes. You can take risks, but don’t push hard at the wrong time. The real opportunity will appear after letting the bullets fly for a while. Understanding the rhythm is more important than passion.
