In the morning, ETH was still quite strong, but by the afternoon it had weakened. Currently, bearish sentiment is high, but one should not blindly chase shorts. However, I personally believe that by the end of this month, there might still be a sell-off, with a current target of 1900. Short-term, it might continue to rise or even break through the 2050 resistance level for a false breakout, followed by a consolidation and pullback. At the same time, one can accumulate long positions within this range and then pull back to the bottom. By April, things might really start to pick up because the Ethereum documentary will be aired on platforms like Apple TV, and there will likely be hundreds of thousands of views. This kind of influence should not be underestimated. Coupled with the Ethereum Prague upgrade, it shouldn't be too difficult to hype the price up.

Liquidation Heat Map

Pulling above 2100 has basically no cost-effectiveness for the 🐶 whales, so it seems they will take advantage of the April benefits to wipe out the bulls in March. Otherwise, the vehicle is too heavy and difficult to pull.