Current ETH is at $1920, the daily line has been in a bearish trend. Although there has been a weak rebound on the 4-hour chart, institutional ETFs continue to withdraw funds, and market sentiment is leaning towards panic. Now is definitely not the time for blind bottom-fishing.

The core idea is very clear: take light positions in the direction of the trend, prioritize risk control, mainly focusing on shorting during rebounds, and only make small trades on oversold conditions.

First, note the key price levels: resistance above at $1980, $2030, and $2080, support below at $1880, $1820, and $1750. These levels are important references for trading.

For shorting contracts, pay close attention: wait for a rebound to the $1960-$2000 range to enter in batches, do not chase the short! Keep total position control within 8%, leverage of 2 times is sufficient, with a single transaction not exceeding 3%, set a stop loss at $2080, and take profit gradually at $1880, $1820, and $1750.

Long-term investors in spot markets should not rush to act: enter in batches again in the $1700-$1800 range, increasing the position by 5% for each drop, with the single asset position not exceeding 10%, and keep some funds to deal with the possibility of going below $1600. Wait for ETF funds to flow back, the daily line to stabilize above $2080 with volume before increasing position size more securely.

Finally, a few reminders: keep total positions below 30%, do not hold onto positions or lock them, and exit decisively when the stop loss is reached. Also, pay more attention to the dynamics of the Federal Reserve and the flow of institutional funds; if the signals are not right, stop first. If the weak rebound lacks volume, short positions can continue to be held.

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