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#$BERA Trading is Now Open #BTC #ETH
ETH has entered a typical downtrend channel, leading a wave of altcoins into early bearish territory. Without a clear bottoming-out signal, it's best to avoid altcoin participation for now. ETH is more suitable for counter-trend short positions and high-level long-term shorts. The next key level to watch is the 2.3 range, which could be tested soon.
The current market is essentially compressing the 2022 bear cycle into the next 2-3 months. Until a major bottom is formed, caution is advised when dealing with altcoins. This phase is likely to end only before the first interest rate cut of the year. The market’s decline is just part of the natural ebb and flow—once the night passes, a new day will come. Stay patient, manage your expenses wisely, and prepare for the long term.
#Million $ANLOG Launchpool Airdrop is Live #Has the Market Bottomed Out?