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Yesterday afternoon, posted that ETH was ambushed on the left side of 1850-1860 for a short position, accurately picked us up, once again spiked to around 1872. Currently, the resistance at 1872 has been confirmed after multiple tests; just now, it also accurately reached our target position to exit. If you want to leave a small position to bet on 1800, you can, just move the stop loss to 1830.
There are only 4 days left until the ETH upgrade on the 7th. Perhaps there will be no liquidity over the weekend; it doesn't seem like ETH is making any moves. Let's see if it doesn't start next Monday; then ETH will be useless. Ambush a long position around 1800, defend at 1784, with targets at 1850-1860-1872 for partial reductions, trying for a pump before the ETH upgrade.
Last week, there was a significant net inflow into the ETH spot ETF. If one understands, they should see that it's a sleight of hand by BlackRock and Grayscale exchanging hands in a childish manner.
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