The reason I was cautious in April was simply because the market structure wasn't fully bullish yet. At that point, the market could have moved in either direction, teaching what a constructive bullish structure should look like—or, in the bearish scenario, printing new lows.

Now, after revisiting the chart, we can clearly see that the structure broke down, and new lows were on the table for both BTC and ETH.
Looking at ETH in particular, we're now attempting to form a double bottom. As long as we're holding support above the lower timeframe EMAs, we can say that price wants to move higher for now, targeting at least the 2,050–2,100 area.
But the real test comes next just like it did in April. If the structure manages to hold a higher low, then ETH will become strongly bullish, and we'll likely revisit the 2,800–3,000+ area.
At the same time, if the structure fails to hold once again, there's a strong probability we'll sweep those equal lows before moving higher.
I was bullish then, and I still am bullish on the macro timeframe even if Ethereum were to drop to 1,000 because of strong DCA levels i have in mind.
If you want to learn more in depth about market structure and how I analyze the market, check the link in my bio.