Second pancake market 6.7

Currently, the lowest price for the second pancake is around 1505#纳指跌4.18%创逾一年最大单日跌幅 $ETH . From a monthly chart perspective, it has now fallen into the key low zone between 1500 and 1750.
Friends holding short positions are advised to reduce 30% to 50% of their holdings in the 1500-1520 range; don't hold everything. This support level is very strong. First, lock in profits and secure gains.
The remaining positions should continue to observe the subsequent trend.
If it rebounds to the 1700-1750 range and cannot rise further, you can re-enter short positions, with a stop loss above 1800.
Once the price breaks below 1500, continue holding short positions, with the next target at 1300.
If the price stabilizes above 1750, close all positions and exit, temporarily wait and see for new opportunities.
In summary, take partial profits around 1500, continue shorting if the rebound encounters resistance, and hold positions for lower levels if support is broken. $ETH