As of December 20, the duration of ETH's current decline depends on three key signals: support holding, ETF capital inflows, and the end of year-end rebalancing. The core conclusions are as follows:

- Short-term (1-5 days): The decline is likely to continue until ETH stabilizes at the $2750-2800 support level or institutional rebalancing concludes before the end of the year (around December 24). Afterward, a consolidation or correction phase may occur.
- Medium-term (1-2 weeks): If ETH maintains above $2750 and ETHA funds turn into net inflows, a rebound within 1-2 weeks is possible; if it falls below $2750, it may test the $2500-2600 range, with the decline potentially extending another 1-2 weeks.
- Long-term (1-3 months): By the end of January, macroeconomic factors and ETF capital flows should become clearer. If the Fed's rate cut expectations return and crypto ETF inflows resume, the decline is likely to end before mid-January; otherwise, the downward trend may continue with oscillations.

Key Trigger Signals (Deciding the End Point):

1. Price stabilization: Daily closing price above $2800 and breaking through resistance at $3017.
2. Capital shift: BlackRock ETHA and other crypto ETFs stop continuous outflows and turn into net inflows.
3. Sentiment recovery: The Fear & Greed Index exits the "Extreme Fear" zone (currently at 16), and RSI rises above 30.
4. Rebalancing completion: Institutional rebalancing completed before December 24 Christmas holiday, reducing selling pressure.

Brief Response Recommendations:

- Short-term: Maintain a light position, reduce holdings if rebounding near $3000, and cut losses promptly if falling below $2700.
- Medium-term: If support at $2750-2800 holds, consider small long positions targeting $3017; if broken, wait patiently for support at $2500-2600 before considering new positions.

Would you like me to organize these signals into a ready-to-execute stop-loss confirmation checklist (price/capital/sentiment/time) with corresponding actions triggered?