What is the recent market outlook? Let's talk about the current situation.

ETH has been consolidating for 44 days since November 21. It has been mentioned multiple times that B-wave correction is the most testing for one’s mentality, and everyone present should be able to relate to that feeling.

**The overall market trend is very clear** — it is in a downtrend. There is no doubt about this. Currently, ETH's rise is simply a rebound within this downtrend cycle, so don’t overthink it. Seeing the 4-digit levels is unlikely, and the 3500 level is actually not much of a surprise.

**The issue with spot trading is here** — it looks like there’s a few hundred points of profit potential from 3100 to 3500, but that’s an illusion. Compared to the further correction in wave C later on, this profit cannot offset the losses. What’s more painful is that once you’re caught in spot positions, you should be mentally prepared for a 40%+ decline.

**Futures trading is even more complicated** — recent market movements are just oscillations without a clear trend, making trading very difficult. Setting a safe stop-loss distance is tricky; not setting one risks liquidation with a single mistake.

**Options are the real solution to this market** — the reasons are simple:

**First**, they never lead to liquidation. The worst-case scenario is losing the premium paid, which is guaranteed by the mechanism of options products.

**Second**, if operated properly, the returns can be more than three times that of futures.

**Third**, the barrier to entry is ridiculously low. To make money in spot trading, you need to invest capital; in futures, you need a large enough principal or heavy leverage. But with options? You can open a position with just 1000U, making it accessible even for beginners to try.

At this point in time, this is the most balanced choice.