$ETH is +1% today — among the strongest names on the board.

Backed by Multicoin, a16z, Andreessen, Galaxy Digital, building layer-1 chain.

The tape is simple: 2,702, stuck in the middle of the range. It's a tug-of-war — nobody owns it yet. On the 2H, it's above its MA20 by 0.4%.

**My view: No side yet — wait for a signal.** There's no clear signal yet, and I don't guess.

Below 2,687, the bid is gone. Above 2,703, it's a real breakout.

$ETH at this level — I won't move first.