2-27 Midnight Viewpoint Currently, ETH has rapidly fallen from the high of 2149, breaking below the 2000 level, with the lowest dip near 1980. The overall structure has shifted from a strong bullish rally to a high-level weakening and pullback pattern, with short-term bearish momentum clearly increasing. If the 2000 level cannot be quickly reclaimed, the market will enter a phase of correction. BOLL: Upper band around 2106, middle band around 1930, lower band around 1754. The Bollinger Bands are gradually flattening after opening upwards. The price has shifted from running close to the upper band to breaking below the middle band, indicating a clear signal of bullish trend correction. If the price effectively breaks below the middle band with increased volume and continues downward, the probability of testing the lower band increases; if it reclaims above 2000, it will shift into a range-bound consolidation. MACD: Operating near the zero line, with the red histogram turning green and gradually increasing in volume. DIF and DEA form a death cross and diverge downward, indicating that bearish momentum is beginning to dominate. Currently, it is a phase of correction within a bullish trend, watch for continued volume expansion. The trend is shifting from strong to weak, with the short-term entering a correction and recovery phase. Trading should focus on defending rebounds, avoiding blind bottom fishing. Pay close attention to the battle around the 2000 integer level; if it remains under pressure, the bearish trend continues; if it quickly recovers and volume increases, the market will enter a consolidation phase. Prioritize position control and follow the trend. #加密市场反弹 $BTC

Wu says that according to Arkham monitoring, LinkedIn founder Reid Hoffman has been long-term bullish on ETH. His public address currently holds approximately $6.1 million worth of ETH, and at the end of last year, he bought a CryptoPunk with 150 ETH.