Evening Two-Cake Thoughts
Today has been upgraded. Based on past experience, a pullback is inevitable, and interest rate cuts are likely to be missed. However, on-chain data shows that whales are buying Ethereum in an unprecedented manner. We quietly wait for the pullback to pick up.
Two-Cake around 1790-1770, target 1850-1890, if broken, look for 1940-2000.
Pay attention to the strong support at 1750 below; if not broken, continue north!