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From now on, just share short-term analysis so everyone can understand better!
This morning around 3 a.m., I mentioned in the group that entering short positions at 2210-2220 was possible. This is based on what I said earlier—that the volume during this rebound is insufficient, and it's just a reaction to news. I still believe that the overall downtrend has not ended yet! It’s not the time to bottom out.
For short-term trading, after entering at 2210-2220, I also suggested reducing positions by 75% tonight at 9 p.m. The remaining core position should be held to avoid missing out if the market moves.
Currently, after taking profits on most positions at 9 a.m., Ethereum has started to consolidate. First, observe whether it will break through the levels marked in the chart (2155-2147). If it falls below, it could continue to decline toward 2130-2137.