From the K-line perspective, ETH has closed above 2500 for 5 consecutive weeks, showing a healthy and strong weekly performance compared to all major coins. If the pattern does not break, this is an important accumulation area for future upward movement.
2. If you chase ETH at the highs as suggested by these institutions, you can make money, but it is definitely not as they say, that the institutions have just entered the market. They are downplaying the situation and trying to use their influence to trick retail investors into taking the risk for them, as they have a large number of call options.
3. On the monthly chart, ETH has also broken through, and the view that ETH will challenge historical highs by the end of the year remains unchanged.