Ethereum’s current phase is still being ground down with choppy, grinding oscillations; price action keeps pulling back and forth within a range. Bulls and bears are locked in a tense battle, with no clear single-direction trend emerging yet. Repeated needle-like intraday moves make it easy to get stopped out frequently, and many positions’ patience is gradually being worn down. At this stage, it’s not suitable to constantly chase rallies or panic-sell; don’t rush to bet on direction. Control your position size, manage risk well, and patiently wait for the market to make an effective breakout before making further judgments.
Recently, the meme coin market has shifted somewhat—pay more attention to meme coins related to the Musk concept.