$ETH Overall, the overall trend is weak, with a clear bearish bias. At this stage, don’t blindly chase longs; following the trend and going short is the way to go. Recent market rebounds are all false moves, a quick rally followed by a sharp drop. The bulls have no momentum, and funds are selling into rallies. The short-term downward pace is very steady.

The resistance levels at 2265-2280 are solid. As long as it can’t break through, the bears will continue to exert pressure. Don’t expect a big rebound; there’s no strength for that in the short term. The support levels at 2215-2220 are very clear. If it can’t hold, it will continue to decline, with the short-term low around 2205.

There’s no need to rush into short positions. Wait patiently for the 2265-2280 range to re-enter, with a stop loss at 2295 for higher tolerance; the more daring can try shorting small positions around 2250 in advance, with a stop loss at 2285. Small stop-loss plays are fine, aiming for profits first at 2230, then at 2215.

Friends who want to go long must control their hands. Don’t rush in at the first small rebound. Only lightly test the short-term rebound in the support zone of 2215-2220, with a stop loss at 2205. If it rebounds to 2250, take half profits; at 2270, close all positions. Take profits when the trend looks good.

The current market is in a downward decline mode, oscillating and frustrating. Never hold onto positions blindly. Cut losses quickly if wrong, and preserve capital to have a chance. The overall strategy is simple and clear: mainly short on rallies, with light long positions for short-term arbitrage.