Why did we enter a long position in Ethereum this morning??

The main reason for taking long positions in Ethereum with fans this morning was that I personally monitored strong buying activity in on-chain data, and the daily chart clearly shows increasing volume. Therefore, I encouraged fans to take a small long position in Ethereum.

Brother Jie also chose to take profits around 2730, as 2730 is the last resistance on the weekly chart. If it breaks through, we will need to look at 2760, but the short-term selling pressure above remains strong.

For those who haven't entered yet, there's no need to rush. Be patient and wait for a pullback before continuing to enter long positions. [Personally, I still maintain a bullish outlook on Ethereum; it’s just that the market is quite volatile, so fans should be very careful when opening positions.]