ETH this wave of market movement is quite interesting. On the chart, Ethereum is stuck at the 3000 level, caught in a dilemma—unable to go higher or stabilize. Below, there is moderate support at 2800, and 2500 is even more stubborn to break through. This situation is actually very typical; the main players are playing a washout game here.

The Federal Reserve has started cutting interest rates, and hot money is flowing around. Put yourself in the main players' shoes—how would they play this hand? Obviously, they wouldn't let retail investors easily jump on board. The current price range is just the best accumulation period. Storms are always silent before they hit, and I remain bullish on Ethereum at this price.

To be honest, when Ethereum was at 2300 before, the behavior of those self-media bloggers was really speechless. They stubbornly remained bearish, claiming to be doing long-term holding, and now I finally see how their analysis actually stands. Setting aside the macro background, just from basic logic—can the 3000 price level be a long-term bear? Absolutely not. Especially below 2500, any investor with some macro awareness understands how poor the risk-reward ratio is here.