Today, I'm not going to talk about the ETH market, it's still just fluctuating.

I want to mention something about the fundamentals; this recent surge in ETH is entirely driven by MicroStrategy's rhythm. Including the 140 million USD in ETH from BlackRock the day before yesterday, it really left me stunned.

However, various signs are telling me that ETH is indeed not very optimistic lately. Plus, last night the SEC announced it would review companies that buy cryptocurrencies, which directly scared off investors, and now everyone is hesitant to put money into ETH and BTC.

So my current thought is to stay in cash for now, it's safer. If you want to play, you might consider shorting altcoins, which is relatively safer. After all, in this current environment, chasing highs is really too risky, it's better to wait and see how things develop.