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ETH is showing no signs of recovery yet, and if you're sitting on the sidelines without a position, that's perfectly fine. Right now, there is no clear signal to enter a bottom-fishing trade during this pullback. Let the price do its own thing and find natural support.
What we really need to watch for is a green candle forming on the 15-minute chart, followed by a confirmed double bearish divergence on that same timeframe. Until that setup appears, the smartest move is to stay patient and keep observing.
Think of it like fishing. You don't run around casting your line everywhere. You find the spot where the fish are, set your bait, and wait. No rushing, no chasing. Just patience and discipline.
The market will give us the signal when it's ready. Until then, we wait.
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