The market is currently stuck: trading volume is decreasing, ETF buying has stalled, and even the surging Ethereum can't boost market sentiment. The coins in the exchanges are being drained, and although there isn't much selling pressure, without new positive news, it won't push past previous highs. It seems likely to move sideways at high levels in the short term.

Institutions are suddenly going crazy buying Ethereum! BlackRock bought 22,000 coins in one day (approximately $66 million), Grayscale/Fidelity followed suit with purchases, and Hong Kong ETFs have seen the largest buying volume in nearly a month.

This wave of activity looks like chasing the rise, but it seems more like being well-prepared. Reminder to retail investors: don't touch short positions now, buy the dips on the way down, and join the Fire Bull TG group to layout strategies together #BTC☀️