Still firmly believe the market has basically bottomed out. Every time ETH bounces back violently around 3400. There’s probably a major player accumulating at this price. The lower shadow is so long. Altcoins have dropped to historical lows. Is there really another big drop coming? How many people dare to buy the dip now? Most people still think ETH will drop below 3000. When everyone thinks this way, I feel like it’s probably close to the bottom. Most of the loose chips have been taken by institutions. And institutions play the long game. They won’t dump. Retail selling pressure will get weaker and weaker in the future. The chance for a deep pullback might be gone.