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I believe the current market for ETH is mainly consolidating.
A rise is just a rebound, not a bull run, and a quick bull run is unlikely.
Both bulls and bears are not wrong.
If you must trade futures, just do short-term trades.
When ETH surges 8%-10% in a day, you go short.
Similarly, you can go long when the trend reverses.
Controlling your position size will almost guarantee you won't lose.
Currently, market liquidity is tightening.
The US stock market is also in a high-level consolidation phase.
Plus, after October 11th, confidence in the crypto circle has almost collapsed.
Crypto is always a risk asset.
There are also external risks like war.
People are returning to the real world.
There is a bull market, but not now.