$ETH

Hey, there are signs of strong buying pressure: strong selling pressure is continuously appearing from retail in the Asian-European session, but large orders are still persistently supporting prices around the 4k3 area.

However, the entry point here still carries risk as a clear 'leg' has not formed yet. A more reasonable scenario is to wait for one final dip – clearing out the Long stop losses, then bouncing back around the 4k4 area for MM to accumulate more. The key point is that the 4060 area absolutely must not be breached, even if just by a wick.

If the current buying pressure is tight enough, following this scenario will help create a more sustainable upward trend. It is expected that there will be no more shocking pumps, but rather a series of weak green H1 candles, gradually overcoming each resistance level. Retail that has been hurt before will hesitate, creating an upward effect in doubt.

On the other hand, if the market chooses to soar or break down from here, we will stand aside – because unclear signals are not for us, especially since it has already been a price range that has traveled very far and for a long time.