JUST IN: Tom Lee’s BitMine buys $10.2M in ETH directly from the Ethereum Foundation. If confirmed, this could signal fresh institutional demand for ETH ahead of potential catalysts. $ETH

Ethereum current price: short near 2030, take profit at 2120, stop loss at 2030

Stay disciplined, and success will follow. Yesterday's market fell first then rebounded. ETH dipped to a low of 2060, just ten points away from the stop-loss level of 2050. Since this is the first time I'm putting my trading system on display for public scrutiny, my emotions rode a roller coaster along with the price movements. From excitement, shock, doubt, fear, to finally seeing a glimmer of hope. Because of this, I reviewed my mindset, discipline, and system integrity multiple times last night. It wasn't until the volume surge and upward move of ETH at 4 AM that I truly saw the light of victory. Although the process was a bit turbulent, the outcome was good. After two volume surges, strong support at ETH 2060-2080 has been officially confirmed. Next week, I'm just waiting to harvest the fruits.