12.1 ETH idea: sharp fall below support, short positions continue to look for large space

ETH shows a sharp fall breaking the position: The price has significantly dropped from around 3040, with a large bearish candle breaking below the short-term moving average support, currently closing at 2862.59, which is close to the previous support area of 2830.

Looking at the enlarged cycle, combined with the previous mid-term short positions rhythm of BTC, the current fall of ETH is not a short-term adjustment:

In terms of operation, short positions can be held during the rebound in the 2950-2980 range, looking down at 2800→2700; after a sharp short-term drop, do not rush to bottom fish, wait for a clear stop-loss signal before considering a short-term long.
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