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One platform for global traditional assets
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CandyDrop
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ETH is hitting the bottom, don't be fooled! This is not the bottom, just a consolidation for short positions! The long-term trend remains bearish, blindly catching the falling knife will only get you trapped, and rebounds are the best opportunity to short. Going with the trend is the key! I've said it before, 2114 is just a weak oscillation after an oversold condition; the major downtrend in the larger cycle hasn't been broken. Catching the bottom now is like grabbing a falling knife! Instead of betting on a rebound, it's better to short along the trend and steadily take profits.