$ETH The Air Force is a bit crowded here. Continuing to stay short here isn’t necessarily cost-effective.

After the pullback to 2420.33, several attempts still didn’t truly break down below it, which suggests that the buyers are still there.

The earlier shorts tried a few times but couldn’t push it down, so the cost-effectiveness of staying hard short is decreasing.

So I’m slightly bullish here, but I won’t chase the current price. If the pullback holds around 2440.67, I’ll look at 2481.35; if it falls back below 2416.75, I’ll cancel. #ETH