The ETHBTC trading pair is indeed at a turning point between bull and bear.

It seems that institutions are pricing ETH using "Circle's 100 times EBITDA multiple as a valuation benchmark."

Thus, the price of ETH should be around ten thousand dollars.

Start changing your mind from here.

From the 1-hour level, the reversal trend since July 6 has not broken down.

The market is indeed changing very quickly, and we need to constantly iterate rapidly.