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The current position is not pessimistic, but it's definitely not a place to blindly chase trades.
BTC and ETH are both searching for direction amid fluctuations, with active funds and a fast pace; fake moves will become more frequent.
The biggest danger in this kind of market isn't a lack of judgment, but rushing too much.
My approach is very simple: hold steady when above support, short when broken below, and do less in between.
Don't let emotions lead the market; wait for confirmation to improve your win rate.