⚠️ Alert: $ETH short-term bulls are exhausted, preparing to test the “Iron Throne”!

Core contradiction: the strongest fundamentals, vs the weakest sentiment in the short term.

🛡️ Why won’t it drop further? Two major “iron bottoms”:

1. Deflationary iron bottom: 2263 is the “deflationary moat” of EIP-1559; below this price, Ethereum enters a continuous deflationary state.

2. Staking iron bottom: Over 35 million ETH are locked in the Beacon Chain and DeFi—this is the physical “consensus floor” of locked positions.

🎯 My plan: ride the move into a pullback and catch it above the iron bottom.

• 🎯 Shorting range: 2270-2280

• 🎯 Target 1: 2150 (take the profit)

• 🎯 Target 2: 2037 (pyramid adding positions—an excellent zone to flip and go long!)

• 🚨 Stop loss: 2332 (if it breaks through, own the mistake—the trend may start early)

Remember: Layer 2 (L2) narratives are the engine for the next ten years. The current weakness is just time to refuel. Bearish in the short term, explosive in the long term. $BTC $ETH $DOGE