Bitcoin has pretty much stabilized this round.

So what's happening now? Stablecoins are dropping, and coin prices are pulling back too. Looking at historical data, this kind of double whammy usually occurs when the market is at peak panic. The fear index is down to 20, yet most people still don't dare to make a move. Why? Because deep down, everyone feels there’s still another leg down to come. Honestly, when everyone is waiting for an even lower point, that’s often a signal that the market is about to reverse.

Take a look at the current market—it's dead quiet. No one is talking about the major coins anymore, and those meme coins that people were hyping every day have gone silent as well. At times like this, only the smart money is moving quietly, because they understand this: only when there's a strong green candle first will the followers jump in.

Trading crypto is all about the price. When it hits your target, even if it turns out you bought a bit early, you still executed your plan. Aligning knowledge and action takes time to verify. For now, keep an eye on Ethereum. As the bellwether for altcoins, pay extra attention around the $2,850 level.