Be extra cautious with ETH today, as it has already touched the support level of 2600. Let's see if it can establish a direction tonight.
Tonight is also the time for USDC issuer Circle to go public in the US stock market, and it is highly anticipated as the second crypto stock. However, when Coinbase went public, it marked the peak followed by a significant drop, so there is a feeling that there may be funds looking to take profits during Circle's listing.
Having learned from past experiences, it may be wise to withdraw long positions to secure gains, while aggressive traders can consider shorting, and conservative traders should remain on the sidelines.
