$ETH

Ethereum is playing the market’s equivalent of a high stakes game of hopscotch today.

The coin just swaggered past $1,800 with a 15% rally in 24 hours, suggesting bulls are donning their capes and charging the gates .

Whale buying alongside $38.8 million in fresh ETF inflows has injected caffeine into ETH’s veins, fueling bullish buzz .

Technical on chain data even teases a break above $1,860 to launch a sprint toward $2,000 .

But before we break out the confetti, recall Ethereum has hemorrhaged 46% year to date, lagging Bitcoin and its altcoin buddies .

Add a neutral 47 Fear & Greed Index and the looming risk of a bearish test at $1,688, and you’ve got a coin that’s part thrill ride, part rollercoaster .

So is ETH bullish or bearish? Today, it’s both: a caffeinated bull tip toeing over a trapdoor.

Strap in, it’s going to be a witty wild ride.

May your portfolio survive this circus bravely, always!