After ETH rose earlier on multiple institutional-level positive catalysts, short-term momentum has weakened and sell pressure in the order book has increased. Within a 15-minute window, it fell by 0.68%. The current price is $1,923.60, and the 24-hour gain is about +2.50%, but the 4-hour RSI has already entered the overbought zone (67.58). Order-book buy-sell depth is only 0.52 (with sell orders about 1.9 times buy orders), and profit-taking at higher levels is heating up. Discussions on social media are split by direction: the bullish side focuses on Larry Fink’s favorable remarks and expectations for an ETH/BTC technical breakout, while the bearish side is concerned about a potential overhang if the U.S. government moves the seized FTX-related ETH to Coinbase Prime, which could create additional sell pressure.

ETH2.76%
BTC0.40%
COING2.87%
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