Early morning at 6:00, Ethereum experienced an extreme spike, with the price rapidly dropping to 1936, triggering our previous short position at 2035 with a take-profit target of 1940. It then quickly rebounded violently to around 2050. Although the short-term rebound appears strong, it actually hides a trap to lure in buyers. Combining this with the overall bearish trend dominated by sellers earlier, we remain confident in our high-short strategy and will not be misled by short-term fluctuations$ETH

This rapid rebound is not a sign of a bullish reversal but a deliberate trap created by the main players to attract retail traders to chase the bottom and accumulate long positions. Once the buying frenzy occurs, the big players are likely to suppress the market again, liquidating these chasing longs. The market will ultimately return to the bearish main trend.

Trading with the trend is the key to profitability. Do not blindly chase longs or buy in. Be patient and wait for the right opportunity to short at high levels, following the main players’ rhythm to accurately capture downward profits.

Operationally, we will continue with the high-short strategy, shorting in batches around 2080–2095 (which is also a large accumulation zone of buy orders). Stop-loss at 2128, first target to reduce positions at 2030, then clear out at 2000–1960. No rush—wait for the right levels and for the big players to make their move first.