Brothers, today's ETH trend is quite interesting.

First, look at the hidden mystery in the news: Is the Ethereum upgrade actually a 'hidden benefit'?

Today I saw a message that after the Ethereum Fusaka upgrade, the Blob transaction fees skyrocketed, and many people are complaining. But have you thought about it—high fees mean high activity on the chain, and strong demand! This is not bad news; it's a signal of ecological heat. The upgraded Ethereum is actually gearing up for the next big market wave. Those who are panicking about the fees really don't understand the fundamentals. If there is a pullback tonight, will you choose to panic sell or take the opportunity to stock up?

Keep up the rhythm, but stay calm! Pay attention to Sirius for timely updates on smart money movements! Follow Sirius to participate in every attack by the Sirius villagers!

Looking at the technical side: ETH hourly chart

On the hourly chart, the MACD white and yellow lines have both dropped below the zero axis, and the death cross is glaringly obvious, looking like it's going to crash down. But let me tell you — don't rush to cut losses; this might very well be a 'false drop.' Why? Because the trend hasn't broken down, the larger structure is still upward, but it just needs to wash out some short-term bulls before making a lighter attack.

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What to do if you're stuck in a position?
Friends who went long around 3150 last night, are you sweating now? Don't be afraid, listen to me: real rallies often happen when most people are in despair. Now MACD has a death cross, and RSI is on the sidelines, seeming weak, but the trading volume hasn't plummeted, indicating that the main force hasn't run away; they are just changing hands.

Remember, going down is not a disaster; it's a chance for you to get back in. The suspense is here: where will this pullback bounce back? Is it 3035, or will it directly crash to 2970?

Personal opinion:

Upward pressure looks at 3130-3270, especially around 3130. If the rebound is weak, short-term short positions can be tried here, targeting 3035. Support below is initially at 3035, and if it can't hold, then we need to look at the 2970-2950 area — but I think it's unlikely to break down in one go.

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