Ethereum market remains relatively bearish, but in the short term, it is oscillating without a clear direction. Based on the trend, it is more suitable to establish short positions before noon on Sunday, as the afternoon to evening period is when volatility increases.

From the market data, ETH around 2920 has seen long positions increase by 2.8, and the number of buy orders near 2910 has surged. What does this indicate? — If the market continues to oscillate, it’s unlikely to hit 2910; conversely, if it does reach 2910, it signals an accelerated decline.

Currently, the price is at 2931. From a technical perspective, opening a short position directly is possible. However, since the market is still fluctuating, this may not be the optimal entry point. It might oscillate up to the 2949-2954 range. Based on this assessment, I propose two strategies:

**Strategy A**: At the current price of 2931, go all-in short with 20x leverage at 10% of your capital, with a stop loss set at 2971 to control potential volatility. This plan has a stop loss of 40 points, with a maximum drawdown limited to 2.6% of total capital.

**Strategy B**: At the current price of 2931, open half of the position (20x leverage, 5% of capital), then add to the position based on market movements: if the price oscillates to around 2950, add the other half; if it directly breaks below 2910, add the other half. The advantage of this approach is that the stop loss is only 30 points, reducing maximum loss to 2%.

Regardless of the chosen plan, the goal remains the same — look for a breakdown. Ideally, if the price falls below 2860 and then rebounds to 2910, exit; or if it breaks below 2830 directly, take profit.