$ETH ‌ Afternoon Yesterday's rally lacked volume; after a false breakout, it faced resistance and pulled back. Key support was broken, turning the original support into resistance, favoring the bears. Ethereum surged to test the key resistance zone but consistently lacked the volume to support it, only showing a false breakout. After testing the upper resistance zone, the price failed to stabilize above the critical level and was quickly pushed down, breaking below the support of the key pattern. Although there was an intraday rebound attempt to recover lost ground, it remained unable to re-enter the strong zone. The previous support area has now turned into a strong resistance zone that is difficult to surpass in the short term, and a bearish trend is gradually taking shape. Operation: Short near 2050 Target: 1950, if broken, look for 1850

The number of active addresses, transactions, and smart contract calls on Ethereum have surpassed the bull market levels of 2021, reaching an all-time high. On the other hand, the ETH price has fallen by more than 50% compared to its peak.

$ETH Order placement strategy! For those who can monitor the market, focus on short positions around 2036 and 2043, and around 2003 (1997 is also an option, so choose one). For those who can't monitor constantly, place short orders around 2053 and long orders around 1989. I am doing ultra-short-term trading with full leverage, so when profits reach about 10 points, close half; at 20 points, close the other half—unless there's a particularly strong rebound! Remember, protecting your principal is the top priority! There are two live sessions every day: around 10 AM and 9 PM. Also, keep an eye on news events, like today’s 8.15 release!