$ETH The bearish market has come to an end, it's time to change perspectives.
Although yesterday's short position hit a stop loss, many brothers managed to take profits at 3400, which was impressive.
Last night, I also began to gradually shift to a bullish mindset starting from 3400.
The declines over the past few days have indeed washed out quite a few people.
But in my view, the bearish play is almost over.
From the four-hour chart, after consecutive drops and a second bottoming out, the trading volume at low levels has clearly increased, and positions are being rebuilt.
The strength of the bears is fading, while the sentiment is still in extreme panic—this is a typical "bottom signal."
Before a market reversal truly occurs, it will always make the majority feel hopeless first.
Now the entire network is shouting "it will drop further,"
but I actually feel that this is the stage where the bulls begin to gather strength.
The market may not explode immediately, but as long as the positions stabilize above 3500, the opportunities for the bulls will slowly emerge.
My logic is very simple:
It's not about blindly catching the bottom, but about seeing the bears losing momentum and extreme pessimism in sentiment to position ahead of time.
Don't be greedy, don't rush, control your position well, and wait for the market to clarify its direction.
Remember this:
The best long positions often emerge when no one dares to go long.
Currently, for ETH, the bears don't have much strength left,
it's time for the bulls to take the stage.
{future}(ETHUSDT)