I used to be a hardcore ETH bull, but just look at the situation now—after a sudden pump, the hype died down completely, and the USDT price is crashing hard. Expecting a bull market rebound at this point? That’s wishful thinking.

Where did all the retail investors go? Even on major exchanges, there are fewer new faces in the content sections. What drives a bull market? It’s the influx of new retail investors bringing in fresh capital. With liquidity this dried up, it’s better to just wait for a correction and then look to buy the dip and go long.

Honestly, the 3000 level is pretty tricky. Theoretically, you can profit by going long or short. The key is to set your liquidation price low enough so you can withstand moves in either direction. Don’t overcomplicate things—sometimes being straightforward is more reliable.