Despite the overall optimism in the crypto market, my analysis regarding the near-term prospects remains cautious. Technical indicators show some weakness, and fundamental factors such as rising gas fees and potential delays in updates are raising concerns.

Of course, the long-term potential of Ethereum remains significant due to its wide application in DeFi and NFTs. However, in the near term, we may witness a correction or a period of consolidation.

It is important to remember the risks and conduct your own research before making investment decisions. Do not take this post as financial advice. Be cautious and keep an eye on market sentiment.