ETH rose on the CPI-driven tailwind, building momentum for two straight days, making many people think it’s going to 2000. Some even said in the comments under my post that it would go above 2400. The earlier post already reminded everyone that it would not reach 2000. Last night, at around midnight, I had students trade a range between 1910-1930, and I also said that today during the daytime, the 1930 level could be shorted directly to 1860-1880. CPI will ultimately be only a temporary positive catalyst; it won’t change the overall downside trend at the end of the current bear market. Don’t forget what happened earlier with the US-Iran talks breaking down—this matter hasn’t started to ferment yet. Whether it will break out into fighting again isn’t something we’re discussing, but at minimum, both sides are deadlocked, which will definitely have a major impact on the market. And with this kind of slow, steady climb where price can’t move past this level, is that a sign of a bull run? Fellow old scalpers, you’re not new to this circle, right? Would a bull market give everyone enough time to easily pick up at these lows? So it’s still what my earlier post said: we must see another big drop down to around 1410 before a bull turn can happen. This year will definitely see a bull run as well. I’m bullish, but not blindly chasing. Be rational in your analysis 😊$ETH

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