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Ethereum last night provided a short-selling idea at 2285, with a stop at 2315, but it directly spiked to 2318, just hitting the stop-loss, really not a personal move. Currently, Ethereum's overall rebound strength is much weaker than Bitcoin; as long as it cannot break out of an independent trend, then a long-term short at 2380 is sufficiently safe.
Before the subsequent drop below 2200, do not participate in short positions below 2300 to avoid being swept out by chasing lows. I plan to wait for a rebound above 2300 to re-enter, with a short-term target of 2230. This level has been tested three times; if it breaks down effectively, it can trend downward to the 2170 area. The long-term trend still looks bearish below the 2000 level. #ETH