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As for Yan Chi’s take today, my first reaction was to swipe past it—I didn’t think there was much to say about a ranging market.
After reading it, I realized I was wrong.
He didn’t talk about going up or going down. What he said was: it’s not worth betting on direction right now.
Wait until BTC comes back to the 616–618 area, and see how the price reacts.
Suddenly I felt that this kind of “not in a hurry” tone is pretty rare.
ETH is watching 1,850—if it breaks a direction, it’s coming out.
The full analysis is posted in the signal pool; the comments section is open if you want to discuss.