‍$ETH Don’t hesitate to go short—now is the time to enter with strength. Chen Chen is guiding fans to take the next wave of long profits, 58 points. Afterward, the market shows that ETH 2350 has formed a strong weekly resistance level. At this stage, ETH is at around 2350, this strong resistance area—upside selling pressure is clearly increasing. On-chain funds have been distributing/issuing sell orders; based on the usual market “shakeout” playbook, the current trend will most likely first pull back to wash out some retail traders who aren’t firm in holding longs, and then rally. So Chen Chen chooses to short at the current price with fans. Fans have already been waiting in short orders around 2328; the stop-loss is placed above 2345. The take-profit target is for a break below 2320—then you’ll directly see 2300.