Honestly, recently watching $ETH has been lingering around 2300 all day, wobbling back and forth, with no strength to push up, and not falling enough when it drops, completely stuck in a deadlock situation. Want to chase the high, but feeling uneasy and not daring to act; hoping it drops, but there's no decent correction to speak of, not even giving a clear direction. Really puzzled, both bulls and bears are just exhausting each other, how long will this frustrating market keep grinding?

EduSeries #2: Reality $MANTA ‌Many retail investors still hope $MANTA to fly to $10 without ever considering tokenomics indicators. Let's analyze the core reality mathematically so you don't keep becoming exit liquidity. ​Technologically, Manta Network (Manta Pacific) is actually solid. They are an Ethereum Layer 2 that uses Celestia for Data Availability (DA), making gas fees in its ecosystem very cheap. However, the critical problem isn't in the technology, but in its economic structure. ​Manta was launched with a classic VC release strategy: Low Float, High FDV. This means the number of tokens in circulation at launch is very small, while billions of other tokens are still locked for the team, advisors, and early investors. Periodically, these vested tokens are unlocked and enter circulation, creating constant selling pressure. ​The simple calculation: With a total supply of 1 billion tokens, if MANTA hits a price of $10, then the FDV (Fully Diluted Valuation) must reach $10 billion. This fantastic figure forces Manta to compete directly with giant L2s whose ecosystems are far more mature. Every time the price tries to climb, the selling wall from unlocked tokens is ready to dampen it. ​In conclusion, $MANTA still has good infrastructure utility, but the $10 target is a heavy illusion. In the Web3 world, good code doesn't automatically make token prices fly endlessly. ​#EduSeries

Wednesday "May 6th" $ETH ETH is now like a compressed spring, with volatility already suppressed to a low level, and the 2350–2400 USD range is the core observation zone. Overall, it’s a weak oscillation correction, not an active rally. If BTC leads the way, ETH will bounce a bit; if BTC pauses, ETH is likely to fall back easily. Operational suggestion: wait for key support and resistance levels. For bullish attempts: wait for a pullback to 2350 without breaking below, set a light stop-loss below 2330, target 2400–2420. For bearish attempts: if stagnation or a 15-minute divergence appears near 2400, try a small position to short, with a stop-loss at 2425, target 2360–2350. If it breaks below 2350, add to short positions targeting 2330–2300. Specific market points are based on Ziqing’s real-time signals. $ETH ‌$BTC ‌