ETH's volatility has been narrowing recently, and usually, when volatility narrows, a breakout direction follows. Just be patient and wait. If you're itching to trade, you can stick to the previous long strategy. Go long around 4200, exit around 4600. Last night, MicroStrategy bought another $200 million worth of ETH. But ETH's price didn’t move much because the SEC's investigation into MicroStrategy has just begun. As for ETH's future trend, I’m still quite optimistic. The main reason is that the SEC doesn’t seem to have a clear model for how to investigate ETH-related MicroStrategy activities. We’ll need to wait and see whether it turns out to be a major bearish factor or just a minor one. There’s a 90% chance of a rate cut in September, so I’m still optimistic about ETH. TG: https://t.me/+atwGN9muCcIyNzc1