2300 The moment I didn't stabilize, I knew the big show of the bears had just begun 😈

The current market situation is actually very straightforward; 2300 is basically the short-term ceiling for this rebound. Many people see a small rise earlier and start fantasizing about a "bull return soon," but the reality is cruel—this wave of rebound is essentially just a weak retracement after an oversell, with no real new funds entering to support it. The most obvious problem with the order book is: it can't push higher. Every time it spikes, it gets slammed back hard by trapped sellers and selling pressure at high levels. Truly strong upward movement will never look like this "quick pull and fade" structure.

And the logic behind my previous high-level short positions is now gradually playing out. Because ETH has clearly entered a phase of continued weakness, the rebound strength is getting worse, and trading volume continues to shrink. Many people still see small rebounds as "reversal signals," but in my view, these are just opportunities to short again and add to positions. The main players are not trying to push the market higher; they are using rebounds to lure more longs, slowly harvesting the last stubborn bulls. Once the trend turns bearish, the most dangerous thing is to fight against the trend stubbornly.

So my current approach remains very clear 🔥
Continue holding short positions firmly, with the target still at 1800.

Real big profits are never made from one or two candles, but from riding the main trend and smashing through it. The biggest mistake in trading is not losing money but failing to see the direction clearly and constantly fantasizing. The market has already written the answer very clearly—those who follow the trend are eating the meat, while those fighting against it are being educated.