ETH Bottoming Out: Is It a Rebound or a Continued Downtrend?

Currently, ETH is stuck in the bottom zone, with the latest price around $2.08K. The market has fallen into a strange “trapped” state. What seems like simple price fluctuations actually reflect two completely different trading philosophies competing—most retail investors are passively killing time, while a few are using this period to improve themselves. This is not just a price issue, but also a mindset and strategy issue.

It’s not the price that’s trapped, but retail investors’ mentality

Have you noticed? When the market keeps you confined to the bottom range, the reaction of most retail investors is to “wait it out.” They focus on a few dollars of fluctuation, complain and argue, exhaust themselves mentally, and ultimately break their own mindset. Essentially, this is a mindset of weakness.

What are true traders doing? They are training themselves. When the environment is tough, they either choose to endure or turn the prison into a school. Those who choose the latter come out with a sharper edge than anyone else. During the same downturn, some are wasting time, while others are accumulating.

In this bottom-range oscillation phase, the focus isn’t on betting the direction but on honing skills, reviewing trading logic, and improving risk management systems. The bottom isn’t scary; what’s scary is losing your capital at the bottom, so that when real opportunities come, you have no chips left.

Why is ETH just pacing at the bottom? Lacking a market “leader”

The recent frenzy in the global tech market was driven by real forces leading the charge. Why is ETH currently stagnant? The core reason is simple: major institutional funds haven’t truly entered yet.

What remains on the chart? Besides quant robots just passing time, there are only late-to-the-party retail investors. Without a leader, upward movements are illusions; without genuine capital support, rebounds will ultimately fail. This isn’t looking down on retail investors, but the reality of the market—big money determines trend direction.

A rebound at the bottom isn’t surprising, but can it sustain? That depends on whether real capital is entering. If at resistance levels it’s still “small moves,” then it proves the leader hasn’t arrived. In such cases, frequently going long to chase rebounds is essentially dreaming.

Bottom trading strategy: Finding opportunities amid difficulty

Since the leader hasn’t appeared yet, we follow the “killing time” logic in trading. Weekend liquidity dries up, and major players are likely to perform trap moves. Based on this:

Core strategy principles

• Shorting at high points, buying dips, focus on short positions, avoid blindly chasing rebounds
• When reaching resistance levels, it’s a good opportunity to short
• Any rise without major capital support is just playing tricks

Specific entry points

• Main short entry zone: 2750-2765 (frontier of resistance)
• Aggressive entry: around 2730 (trial zone)
• Stop-loss: 2805 (if the price effectively breaks above 2800, it indicates the “leader” has truly arrived; at this point, admit mistake and exit)
• First take-profit target: around 2680
• Second take-profit target: 2606 (hard to reach over the weekend, but a target nonetheless)

Core logic for entries: This isn’t an absolute judgment on market direction but a reflection of the current lack of main force support. Once genuine capital enters, strategies should be adjusted immediately. This is called “risk management,” not “being wrong.”

Training rather than wasting time: the real test at the bottom

Trading, like life, involves two very different ways of living. One is complaining when the environment is bad, ultimately exhausting oneself. The other is treating difficulties as a stage for growth, emerging stronger than anyone else.

The real test during the bottom oscillation isn’t predicting when the next wave will come but whether you can stay rational amid hardship. Can you control the impulse to trade frequently? Can you wait patiently in a trendless market for opportunities? Can you protect your capital when the picture is unclear?

When that true market “leader” appears—perhaps through policy easing, strategic moves by big funds, or an unexpected catalyst—what state do you want to be in? A consumer whose capital has been worn down and mindset shattered? Or a holder with ample chips and a stable mindset, waiting patiently?

The answer is clear. Start training now, rather than wasting time.