$ETH 12.01ETH, the big dump at the opening of the Asian market is mainly due to the domestic crackdown involving 13 departments again. Additionally, the incident regarding Powell's resignation letter led to a halt at the Asian market opening, triggering the support for market makers around the 3000 level, resulting in a downward trend! Currently, it has reached the support near 2790, with the focus for the day on the resistance around 2897, which is one of the previous points of market maker intervention. The technical pattern showed multiple evening star formations yesterday, and after the price rebounded to 3100, the previous rebound ended, preventing the price from having a second bottoming intention! The downward focus remains on 2730-2620, while the upward focus is on the 2897-2950 area. The overall strategy is to prioritize short positions, with long positions as support.