🔥 ETH has been wild this week! At the start of the month, it violently rebounded 10% to 1800, but then it was hammered three times in a row—three consecutive bearish candles sent it straight back to around 1740. The battle between bulls and bears is heating up to the extreme!😤

From a technical perspective, although it has reclaimed the 20-day moving average (1717), the 50-day moving average (1801) is like a live power line—once it gets touched, it gets pushed back down. This level is crucial: if it holds above 1800, the bearish structure reverses, with a target of 2400; if it fails, watch out for a pullback to the long-term lifeline at 1580.
Fundamentals are a complete mix of ice and fire! The epic upgrade “Glamsterdam” is set to go live within a few weeks, cutting gas fees by 78% and pushing TPS to 10,000—this is absolutely the biggest catalyst of the year. Yet the market hasn’t really priced it in… is this still an opportunity, or a trap?🤔 On the other hand, the Ethereum Foundation’s core development team was suddenly disbanded, and V神 moved away 1.6 million ETH, sending chills down people’s spines. Institutions are also going all in on bets: Bitmine just bought 20,000 ETH, ETFs have seen net inflows for four straight days, but the bears opened $87 million in short positions directly. Whales are tearing each other apart—so which side should retail follow?