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Now everyone in the square is shouting for more Ethereum, so why is Brother Sanjin firmly bearish?
Currently, ETH is just a rebound from an oversold condition, but market sentiment has already started to stir.
Everywhere is calling for increased positions, calling for a reversal, calling for it to take off soon.
Many of these weak rebounds are not fundamentally trend reversals.
They are just providing a more comfortable entry point for high-level short positions.
Ethereum reaching 2330 today is truly a huge joke.
As long as the short-term continues to rise, treat it as a bait for a rebound.
My personal view remains unchanged today: bearish, short, heavy short!
Target 2210-2240.
Stop loss 2320-2330.