ETH has clearly encountered resistance near 2400 during this rally, and the daily chart has been bouncing back for seven consecutive days. Now, it depends on whether today can break through directly with strength. If it can't push higher, then this upward move will be somewhat weak, and you should be cautious of a sudden dip to shake out traders. For intraday trading, the support levels below are still around 2350-2340. Those looking to go long in the short term can patiently wait for a dip to around 2340 before considering entering. As long as 2350 is not effectively broken downward, the small-term bullish structure remains intact, and the overall outlook is still leaning bullish. On the upside, first watch the 2400 level. If it can break through, the next target is 2430, and further up, around 2460. As for short positions, there's no need to rush; the ideal entry point hasn't arrived yet. Wait until the price reaches the previous high around 2460, then consider looking for opportunities based on the market situation for more stability.

May 1st, take a round of Dan operations, abandon the uncertain, only do what is understandable. If the rhythm is right, the results will naturally not be bad. #加密市场回升 $BTC $ETH

EduSeries #2: Reality $MANTA ‌Many retail investors still hope $MANTA to fly to $10 without ever considering tokenomics indicators. Let’s analyze the core reality mathematically so you don’t keep becoming exit liquidity. Technologically, Manta Network (Manta Pacific) is actually solid. They are an Ethereum Layer 2 that uses Celestia for Data Availability (DA), making gas fees in its ecosystem very cheap. However, the critical problem isn’t in the technology, but in its economic structure. Manta was launched with a classic VC release strategy: Low Float, High FDV. This means the circulating supply at launch was very small, while billions of tokens are still locked for the team, advisors, and early investors. Periodically, these vested tokens are unlocked and enter circulation, creating constant selling pressure. The simple calculation: With a total supply of 1 billion tokens, if MANTA hits a price of $10, then the FDV (Fully Diluted Valuation) must reach $10 billion. This incredible figure forces Manta to compete directly with massive Layer 2s that have much more mature ecosystems. Every time the price tries to climb, the selling wall from unlocked tokens is ready to suppress it. In conclusion, $MANTA still has good infrastructure utility, but the $10 target is a heavy illusion. In the Web3 world, good code doesn’t automatically make token prices fly endlessly. #EduSeries