What is going on with ETH's recent decline? At 3:30 AM, many people are debating whether to enter the market. Let's analyze two different approaches one by one to see which one suits your risk tolerance better.

**Aggressive Strategy: Bet on the Bottom Rebound**

This approach is straightforward—believe that 2894.57 is the lowest point of this decline, or at least the second-lowest. If the market indeed forms a "double bottom" or a "higher low" structure, there will be a rebound opportunity. How to operate? Wait until the price retraces back to the 2894-2910 area—that's your entry point. However, the risk is clear: if the price breaks below this support (for example, drops to 2880), you need to cut your losses and exit. This method is suitable for those who are confident about the bottom and can tolerate losses.

**Conservative Approach: Wait for Confirmation Before Buying**

Instead of guessing where the bottom is, let the market speak for itself. The core of this strategy is: wait until the downtrend truly stops and the uptrend stabilizes before considering entering. How to judge? First, see if the price can effectively break through and hold above the 2948-2950 resistance—this is the first signal. After breaking through, don't rush; wait for it to retrace to the 2940-2950 zone and find support again. If small bullish candles (like small positive candles) appear at this support, it’s basically a confirmation signal, and you can consider entering. Set your stop-loss below the low formed during this retracement to keep risk manageable.

Both strategies have their own logic. The aggressive one bets on the bottom, while the conservative one waits for trend reversal confirmation. Your choice depends on your judgment of this market cycle and your risk preference.