The overnight surge in ETH is the market effect of the positive information transmission of ETH ETF. Some people say that if ETF is passed, ETH will continue to surge, and there will be no correction. I think we should not be too optimistic. It is impossible to only rise without correction. What if it is not passed? The dealer can also use the information to pour cold water. The surge is all positive expectations, and the normal price will return after the expectations are digested.

The current strongest pressure level of ETH is 3660. Only when it stands firm can it open up the channel to 4000. Let's see if it can hold up and close above 3660 for 48 hours!