Here’s where the market stands this afternoon: ETH is around 105.76, up 1.99% over the past 24 hours.

The intraday range is 100.43 to 105.99, with a trading volume of 169 million USDT. Neither bulls nor bears are making any big moves right now; both sides are waiting for a signal.

If the price breaks above 105.99 on strong volume this afternoon, it would show that the bulls still have some fight left. On the other hand, if it retests 100.43 and can’t hold, this rally may be coming to an end. For futures traders, the biggest mistake right now would be betting heavily on one direction—you could easily get wiped out by a single move.

What are you doing with this afternoon’s market: sitting on the sidelines or making a short-term trade?

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