Cardano at a CrossRoads with less than 3 hours to upgrade

at 9.45pm UTC, Cardano will undergo its Alonzo upgrade/hard fork. Price action is not particularly convincing ahead of this milestone.

I see 2 possibilities

1. "Buy the Rumor Sell the News" - An ABC Correction taking us to around $1.90, or
2. Long the Bull Flag, and target weekly close above $3.20, and continuation to $4+.

I'm leaning towards scenario 1 but will sit this one out today.