Good morning, although Ethereum seems to be rising, the buying support on the spot side is weak. CVD is negative in both spot and futures; buyers are hesitant. The funding rate is positive, and the market is heavily leaning towards long positions. Open Interest is stable, with no new entries, only positions being maintained. A potential 'pull up, then sharply drop' scenario may occur. Those taking long positions should be cautious, while the short side is still awaiting confirmation but is ready for opportunity.

Disclaimer

This content is not investment advice and is solely for personal analysis and opinion. Crypto assets carry high risk; there is no guarantee of definite returns or profits. Please do your own research. $eth