Ethereum crashed to 2102 in the middle of the night, then after a surge in volume, it quickly pulled back—a textbook false breakdown, essentially a feint. Currently in a consolidation phase before a rally, needing a pullback to confirm the new support level $ETH

Last night internally we signaled going long below 2130, and the price has now returned above 2160. For those without positions, you can wait for a pullback to see if the major players will reverse and pick people up. Before an effective breakout, opening positions at the midpoint isn't worth the risk-reward ratio.

In terms of operations, still bullish. Continue buying on pullbacks to the 2120–2135 zone, with a stop loss at 1986 and targets at 2180–2240.