$ETH Ether has gained great value! Still, as Bing Tang said, large positions should be exited in batches! Aggressively take below 2k!

Since the high point of 2385, the price has fallen from $ETH Ethereum, and the downward trend has not truly reversed.
Previous multiple rebounds were merely technical recoveries after an oversold condition and not a trend reversal.

When the price rebounded to the key resistance level around 2425, it has always been unable to stabilize and was subsequently strongly suppressed by bears, indicating heavy selling pressure above and a serious lack of confidence among bulls.

Currently, the price is oscillating around 2165, seemingly stopping the decline, but in fact, it is a continuation of the downward trend. After this consolidation, it is highly likely to continue weakening.

Trading suggestion: Short in batches in the 2170-2200 range, with a target around 2100-2050.
Rock candy is also holding short positions in ETH! You can boldly get on board, everyone!