#数字资产市场动态 Longs and shorts both took a hit? Why 3446 might not be the bottom for $ETH?

This wave of market action indeed has a bit of a meat grinder feel to it. Many missed the upward wave, and some were stopped out during the pullback. But that doesn't mean the story is over.

The end of wave B often hides the most vicious traps — and it could also be the last chance to get on board.

From a wave theory perspective, the current level of 3446 is not the end, but a key point worth re-examining. If we look at the entire cycle in a longer timeframe, the depth and duration of wave B's correction suggest there could still be variables ahead. Repeated tests of support levels, sluggish trading volume, and the tug-of-war between bulls and bears are all building energy for the next phase.

The real opportunity often appears when things are most troubling. The stage just before wave B concludes is precisely the window to observe whether the market bottom is genuine. The key is whether a significant rebound can form after establishing the next critical support, and whether trading volume can effectively cooperate.

The crypto market is never short of drama; what’s missing is patience to wait for that true signal.