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ETH, which was hovering around $2,346 yesterday, today is like a lazy office worker who refuses to get up, dragging along until it finally opens its eyes at $2,265.
This feeling is very much like my friend Xiao Wang, who is always procrastinating—he planned to leave at 8 a.m., but dawdled until 8:30 before heading downstairs, then ran to catch up.
ETH is in this state now, with the price at $2,278 seeming a bit listless.
Today’s trading volume of 1.06 billion indicates that people are still paying attention, but the fear and greed index at 38 points clearly shows the market sentiment is a bit tense.
It’s like at a party where the atmosphere suddenly becomes quiet, everyone is watching each other's expressions, unsure whether to speak first.
But I think this small correction of -1.88% is quite normal, like taking a break halfway up a mountain.
A 3.59% fluctuation isn’t exaggerated either, indicating ETH is still adjusting steadily without any panic selling.
What’s most interesting is that BTC’s funding rate is negative, suggesting that bears have a slight advantage, but this delicate balance often signals a potential trend reversal.
The market is like the weather—seems calm on the surface, but dark clouds are gathering in the distance.