The bullish outlook on Ethereum remains unchanged, continue to hold long positions

The reason for the drop in the early morning:

Federal Reserve's Goolsbee: Legal restrictions prevent Bitcoin from becoming a reserve asset

The sudden announcement of tariff news by the White House shook the market, with a 25% tariff on goods from Mexico and Canada starting February 1, a negative signal for risk assets like BTC

Reasons for optimism:

Yesterday, the net inflow into the US spot Ethereum ETF was approximately $27.77 million, achieving a net inflow for two consecutive trading days

Trump's project WLFI has been continuously appreciated

3440 has failed to break through three times, if it continues to break upwards, the probability is high

The Ethereum mainnet upgrade on March 15 will be speculated ahead of time

Today's short-term trading operations:

ETH 3280, 3243 go long, position size 5.5

Stop loss at 3223, target at 3387, 3412

Need to note‼️ Risk

Federal Reserve Chairman Powell will attend a US House hearing on February 12

ENA 2025-4-2 only two months left to unlock 13%, attention to over a billion with Ena‼️

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