The market needs to pull back and consolidate in the short term, but the pullback won't be significant. After the pullback, we continue to be bullish!
This is mainly because there are many data releases this week, and in addition, about 680,000 Ethereum staked on-chain will be unlocked in 10 days, which may bring some selling pressure to the market. In the short term, we need to digest this selling pressure and will pull back a bit; however, Ethereum has strong support around 3500, so everyone can refer to this support level for buying the dip and positioning.