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ETH's current trend is really quite disappointing, clearly very weak. In contrast, Bitcoin is very solid; no matter how chaotic the news outside, it just won't fall. The 77,400 level can't be broken through at all, with extremely strong support.
Right now, there’s basically nothing to say about altcoins; the strategy is to wait for a rebound to a high level before shorting, aiming for a decent profit margin. With the May Day holiday approaching, funds from the big A-shares market are likely to continue flowing here. In the short term, Bitcoin might push towards 80,000 or even 81,000, which isn't impossible.
So, the idea of going long at low levels isn't really a problem; the key is not to be driven by emotions. Think about it this way: those who have been fantasizing about a crash all week, haven't they mostly been caught in tough positions?