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$ETH This move was really wild. Yesterday it dumped straight down to 2900, and a lot of people thought it was going to crash, but then it bounced right back up—a textbook deep V-shaped reversal.
Today it’s holding steady around 3100. Tomorrow, let’s see if it can touch 3200. What’s next? My plan is to wait for a pullback and look for a chance to go long, but I’ll definitely set a stop-loss—no stubborn holding.
As for my own position that’s stuck... just waiting to see if this move can get me out—it’s a bit risky. With the way the market is moving, it’s clear the big players are controlling the price. If retail traders just follow the momentum, it’s easy to get left behind. If the pullback isn’t too deep, it might just shoot up directly; but if there’s another big dump, then we need to be careful.
All in all, at this current ETH price, there’s both opportunity and risk—managing your position size is more important than anything.