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Ether is expected to move from 2900 to 3100, creating a 200-point space as anticipated.
At the 2900 level, a large number of retail investors are shorting, once again giving the dogs an opportunity to pull up the market for liquidation. The market's trend is becoming increasingly clear — choosing to go long at this moment is clearly not a wise move.
Although it is said that a bull market does not signal its peak, a short-term pullback is still necessary. At this moment, we should turn our focus to prepare for the upcoming short positions.
Short position at 3170 above, looking down to 3000 and 2950 in the short term.