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Today, ETH continues the rhythm of shorting at highs, rebounding to around 3090 after probing 2990 in the morning session. Long positions were hindered by the broader market as soon as higher trade volumes emerged, with clear pressure at lower levels. An effective reversal was not formed yesterday, and the short-term outlook remains bearish. In recent days, there has been a repeated pattern of "opening surge to create a bull trap before a pullback," with highs and lows gradually descending.
Operational advice: Open with no position and observe to avoid volatility risks. In the evening, pay attention to the pressure at 3141-3167. If there is a strong momentum breakthrough or a test of 3185, positions can be gradually reduced; if the rebound encounters resistance, then set up shorting positions with a target of 3050-2950.