After ETH broke through the descending channel, the price has been in a volatile market, essentially moving sideways to digest indicators. Over the weekend, all small-level indicators were digested, and the price did not drop; moreover, the small-level pullback was minimal. I originally planned to buy below 2930, but the lowest point only reached around 2943u, so the long position has not been entered yet.

Additionally, I continue to be bullish here. The small-level indicators have basically been digested, and the upward momentum has resumed. Next, there may be an acceleration in the rise at any time. Considering the risk issue, I will wait for a pullback before considering entering long, with the approximate range still being 2930-2900, which is relatively safer. My outlook remains the same as last time: either it takes off directly or pulls back a bit before starting to rise. I choose to wait for a pullback to enter long.

Currently, the pressure line above ETH has basically been worn down, and the short-term price is gradually rising, indicating a strong bullish trend. So, definitely do not short; the next target may be 3170-3200.