The current movement of $ETH is final extension, not cycle start. There is a 55% probability of a nearby pullback, and only 25% that it continues directly to $2900. I see no solid justification for this rise to be sustainable without consolidation. Holding makes sense if you reinforce margin and do not panic.
* Slight pullback to zone 2580–2650 55%
* Rises to 2850–2900 and stops 25%
* Lateral movement between 2700–2800 10%
* Breaks strongly 2900–3100 7%
* Strong drop to zone 2400–2500 3%