In my view, $LAB The market is still testing lower levels, but before any major move down, short sellers may need to be cleared out first. Funding rates are also worth watching because they often reveal where the crowd is positioned.

Personally, I'm expecting a move back toward the 32k area before another potential drop. That doesn't mean I'm aggressively longing, but I'm also not overloading on shorts. The smartest approach right now is risk management and proper hedging for those who understand how to use it effectively.$LAB

Stay patient, stay flexible, and don't let emotions drive your trades.