ETH has been consolidating within a range recently, and the 3000 level is actually quite crucial. A lot of funds are quietly building positions around here, just waiting for a sudden breakout with increased volume.

Shorting at this level? I think the risk-to-reward ratio isn’t very attractive. I talked with some friends in the community about this recently and suggested considering long positions, with a focus on whether it can break through resistance.

Judging by the current trend, it might reach the expected take-profit level as soon as tonight. Everyone can keep an eye on market changes, and I’ll update promptly if there are any new developments on my end!