Ethereum is having an "intimate encounter" with that critical upward trend line. Currently, the entire structure remains solid, with no signs of a breakdown. However, this does not mean we can recklessly go long, as risks have been quietly accumulating.
This "pullback" trend line action is also an important horizontal "stepping stone" below. It's like climbing a peak; one misstep could lead to a fall, and the current pullback is like a "buffer zone" beneath us. If we truly break below this trend line, it would be like encountering a landslide on the way to the summit, and we need to be more cautious in viewing the upcoming pullbacks.
