#美SEC促进加密资产创新监管框架 ETH had quite a surge this morning—looked pretty exciting, right? Honestly, I think now’s exactly when you should be hitting the brakes.

Sure, it went up, but if you take a close look at the chart—those resistance levels at 3150 and 3250 have already been tested several times and haven’t been broken. Now that the price is approaching those levels again, do you still dare to jump in? I wouldn’t recommend it. Chasing at times like this often just means you’re left holding the bag. If there’s any opportunity, it’s probably on the downside: the 2950 to 2840 range might see a short-term rebound, but whether it can hold is hard to say. If you really want to build a position, I’d personally wait for around 2750—that’s the stage where there’s a relatively more reliable strong support.

There have indeed been some rumors about institutional buying lately, and market sentiment has heated up because of it. But honestly, when big money is really building positions, they usually do it quietly, not making a big show when everyone’s watching. When good news comes out together with already high prices, that combo is actually more dangerous—it’s often a sign that “all the good news is priced in.”

Here’s how I see things going: In the short term, ETH might ride the sentiment a bit higher and test that 3150-3250 resistance again. But that’s probably the final sprint. After that, there’s a high chance we’ll see a decent pullback, targeting the 2840-2750 zone, to shake out the weak hands.

The hotter the market, the cooler your head needs to be. At these levels, being bullish is fine, but don’t chase blindly. What really matters is whether it can stabilize after pulling back to a strong support area—that’s when you should reconsider getting in. Near resistance, risk management is more important than chasing gains.