Wow, ETH just took off today! From $2021 all the way up to $2174, a 5.35% surge in a single day. This move has left me dazzled 🚀

Honestly, this market is really schizo. The Fear & Greed Index is still in the extreme fear zone at 13, everyone is trembling, and ETH just stubbornly gained $150. A classic rebound from panic, smart money is probably bottom-fishing again.
The $614M USDT trading volume is no joke, indicating real funds are entering the market. But I personally think this is more of an oversold bounce, since a rebound from the $2021 low is quite reasonable.
The current question is whether it can hold above $2150. If it can stay put, the next target is $2300. But if there's a false breakout and a pullback, that psychological level of $2000 might need to be tested again.
BTC funding rates are still neutral, showing that the bulls aren't overly excited, which is actually a good sign. At this point, you can either keep aping in and bet on a reversal or wait for a pullback to re-enter.
Anyway, degen is degen—happy when it rises, add more when it falls 😂. This market never lacks stories.