$ETH Has no one been bearish again today? Keep chasing longs or get trapped inside.

Let me analyze for everyone, the recent rise to the 2422 level was a temporary change and does not mean Ethereum will move better in the short term. If 2400 continues to hold steady, I believe everyone would expect a breakout to 2500. Looking at the sell orders, 2400 is now a high-pressure point, but it has shifted to 2340, indicating the market is still relatively weak. Currently, Ethereum's price action is weak, unable to break higher with continuous upward momentum. Therefore, most future movements will either continue to fluctuate sideways or retrace to the 2200-2250 range. Market funds are more favoring the MEME sector and $SOL , so the feeling is that the fundamentals are strong, but the prices are still lower than Meme and SOLANA.
Advice to everyone: it has risen all day but can't go higher, a drop can happen in just one hour!!!
Currently, I remain bearish on Ethereum's rise. In the later stage, if the Federal Reserve begins to release expectations of rate cuts or ETF capital inflows continue, then the outlook remains quite bullish.