The current trend is still leaning towards an increase

ETH is showing signs of wanting to reach the 2,750 USD mark, which is a strong resistance area. If it surpasses this, the likelihood of ETH reaching 3,000 USD is very high.

🐳Whales are accumulating

Recently, large wallets have accumulated about 190,000 ETH – this indicates that market sentiment is expecting an upward movement.

+ There are signs of slight bearish divergence

Some technical indicators like RSI and MACD are beginning to show signs of divergence – meaning the price is going up but the momentum is starting to weaken. This could be a sign of a slight adjustment in the short term, but it's not strong enough to determine a full reversal.

+ An options expiration worth 1.6 billion USD is approaching

This could create strong volatility in the short term. If the sellers dominate at the time of expiration, it could lead to a correction – at that point, shorting would make more sense.