ETH has indeed performed quite strongly recently. With massive buying from ETFs followed by significant purchases from traditional institutions and then staking, it vows to return to the glorious era of diamond hands.
After completing a major downward fake-out, it continues to rise by dozens of dollars every day. For shorts who are stuck, it feels like being cut with a dull knife. A period of accelerated upward movement is about to come.
After a slight intraday pullback in the morning, a confirmation of the pullback was completed, and finally, it synchronized with the market to pull upward.
Currently, there are no suggestions for chasing highs. The profit-loss ratio is slightly small. Observe stabilization around 2600 after a pullback.
Above: 2671/2696/2740
Below: 2580/2563/2540