#美联储恢复降息进程 Ethereum's recent movements are worth a close look, as the market structure is undergoing subtle changes.

The rapid decline a few days ago may not be bad news. Data shows that approximately $210 million in long positions were liquidated within 24 hours, clearing out most of the panic selling. More importantly, there are about $1.43 billion in short stop-loss orders densely stacked around the $2884 mark—once this position is triggered, it could lead to a chain reaction of liquidations.

From a technical perspective, $2718 has held firm during two tests, establishing a relatively reliable support level. The current price is hovering around $2750, with more than $100 of space until the "bearish minefield" above, providing the bulls with a good risk-reward ratio.

If you want to layout, you can consider this kind of thinking:
First, build your position in batches at the current location, controlling the total position; if it pulls back to the range of 2718-2730, you can add some; but be sure to set a stop loss; if it falls below 2700, you should decisively exit and not compete with the market.

In the short term, the first resistance is at $2850. If it breaks through and stabilizes, the next target could point to $2920. Of course, the crypto market is always volatile, and any strategy must be adjusted flexibly based on real-time trends. The logic behind this wave of market movement lies in the potential energy from short squeezes, but whether it can be realized depends on actual trading conditions. Staying rational and controlling risks is the key to long-term survival.