$ETH

Ether is really stubborn this time, just refuses to come down.

Everyone, stay calm and don't panic. The current price level is already quite high, and there's not much room to go higher. There are still a lot of trapped positions above, so it's likely to move sideways for a while at this level. Consolidation and volatility are inevitable; once this round is over, the direction will become clear.

My view is that there's a high probability the price will move downward after the consolidation. After all, the selling pressure at these high levels is serious, and the market needs time to absorb it.