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There are always people who are bearish and people who are bullish in the market, and that's where trading opportunities come from. I am one of those who firmly believe in the potential of Ethereum, especially at the current price level, I feel more comfortable buying.
Interestingly, the entry points for the bears happen to be the same as my fund allocation points. The only difference is that I use a more conservative leverage ratio, with stricter risk control.
That's how the market is—some see it as bearish, others as bullish, each with their own logic. My judgment is that after getting through the beginning of the year, the spring market may be coming. By then, looking back at these current levels, it might be quite interesting.