Insert an eye, I'll come back to check in the evening

$ETH Recently, while analyzing the Ethereum market, a noteworthy phenomenon was discovered.

Currently, there is an excessive accumulation of trapped positions at the price levels of 3800 and 3500. Previously, it was intentionally pushed to 3400, ostensibly to give those large institutions trapped at 3500 a chance to average down, but in reality, they do not want to allow them to escape their positions.

For large funds, dropping from 3800 to 2600 is just a 1000-point loss, which is not significant enough to force them out. However, the problem is that they have already been tricked into adding to their positions once, and the subsequent logic is quite clear—continue to push down. Positions that can be liquidated will be, and those that cannot will be tricked into cutting losses. This market is currently hunting for longs.

From a technical perspective, 3400 has already become a short-term high, and it should continue to explore lower levels. The entire strategy is to short on rebounds and avoid catching the bottom.

History will always repeat itself, and time will validate these judgments.
{future}(ETHUSDT)