ETH briefly: the 2166-2140 range still has support, and in the short term, I remain bullish. The immediate target is 2275, and above that is 2310.

Why am I still bullish now? The logic is actually simple—since both sides have shown willingness to negotiate, all the pressure they previously exerted on each other, frankly, has been quite damaging, and neither side feels good.

Since both sides are hurting, the most likely outcome is that they will sit down and talk eventually. But here’s the problem: before reaching an agreement, one side keeps ramping up pressure, trying to gain more leverage in negotiations. So, it’s likely to be a back-and-forth process of talking and fighting, and a resolution in the short term seems unlikely.

Right now, the market is basically saying one thing—wanting to negotiate—while continuing to stir up trouble, pulling back and forth, and the market is just being led along with the rhythm.