When others start bottom-fishing, why am I still waiting?

After ETH pulled back today, many began to try bottom-fishing, believing that after consecutive corrections, the opportunity has arrived. But I still hold a bearish view today, hehe. The reason is not the price, but that the market has yet to show any real signs of strengthening.

During this rebound, every upward move has encountered significant selling pressure. Fewer and fewer funds are truly willing to chase highs, and volume during declines is clearly stronger than during rebounds, indicating that active selling power still dominates. I have always believed that prices can bounce, but capital does not lie.

Without sustained capital inflow, rebounds often struggle to go far. The bulls still haven't regained control, so I prefer to patiently wait for opportunities at higher levels rather than guessing the bottom early.

Today's hunting 🚗 plan:
🕸 Target: Bearish
@E1️@ Ambush position: 1758-1768
🙂‍↕️ Turn back: Above 1775
🎯 Ambush target: 1720-1700
👀 Breakdown target: 1675-1655

The real bottom is never created by price drops, but by capital buying back in.

—— Zoe | Trading Decision Room