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ETH's recent move has been quite disciplined, just a little regret about the pin position.
Originally planned to go long below 2150, but ended up only touching 2156 before bouncing back up, so I didn't get a chance to enter.
If I didn't get in, there's no need to regret—just go with the trend and look for short opportunities.
The resistance line above hasn't been effectively broken, and each rebound high is lower than the previous one, indicating that the bears are holding pressure here.
In the short term, it's likely to return to find support around 2100-2130.
Currently, we're in a triangle convergence pattern, and a decision is imminent:
A decisive break downward would accelerate the short, while holding above could lead to another rebound.
My plan is to short when the price returns to 2230-2250, waiting for a bounce before acting.
Da Chao believes this correction shouldn't yield much less profit—what do you guys think? #ETH $ETH