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Ether has sharply fallen, with the 2700 level closing three consecutive bearish belt hold candles, as short positions dominate strongly and long positions are unable to resist. Previous buy the dip operations were stopped out due to the adverse trend, and the trend is now confirmed to be bearish, making rebounds a shorting trap. It is recommended to short on rallies, follow the resistance level layout, implement strict stop loss, and target a dip to the support level. The risk of buying the dip is extremely high; going with the trend is key.
It is recommended to short directly in the 2750-2800 range!
Set the stop loss above 2850, with the target initially looking at the support level of 2660. If it breaks down, directly look down at the 2600 level!
$ETH