In the morning, it can actually be felt that the market is slowly stabilizing. $ETH has not continued to dive, but is moving sideways on the hourly chart. In this state, there is a chance for a small rebound in the short term. $ON
Although ETFs are still flowing out, sometimes the market is more about sentiment. $RIVER
Moreover, the recent statements from the understood king have provided some support for Bitcoin. If Bitcoin stabilizes, it is quite normal for Ethereum to follow with a rebound.
Also, today is the weekend, and the participation of Chinese funds is usually a bit higher. Many people will choose to try to buy the dip at this position, so it is also easy to trigger a wave of emotional rebound.
However, in this kind of market, it is still recommended to participate with a light position and see it as a short-term opportunity.
If there is profit, consider taking it, don't be too greedy, and always carry a stop-loss.
If the rhythm is right, small profits will slowly turn into stable earnings.