Is ETH bullish across the entire network? I'm ready to continue shorting.

Just brewed a pot of cinnamon, this is the third brew. The tea is bright red, but I have no desire to drink.

Yesterday I played basketball and lost a new ball. 1400 dollars, felt sad all afternoon. Someone in the group laughed at me: "Brother Bao, you can hold your tens of thousands of dollars in orders, but you're upset over these few bucks?"

I smiled and poured the tea into the fairness cup. You guys don’t understand.

Trading lost 10,000, and you always think it will bounce back, so you don’t feel bad and hold on stubbornly; but if you lose a ball, you know it’s really gone, it’s not coming back, so you feel upset. The root cause of retail traders’ losses is often treating “lost balls” as “temporary floating losses.”

This wave, from $ETH 2784, is indeed fierce, like it’s trying to crush the shorts. But pay attention to the 2950-2980 range; above this are all the trapped souls—dense chip exchange zones.

Now the price is stuck at 2940, like a climber who has reached the halfway point, panting heavily, with a big rock pressing on top of his head.

It’s been sideways. Volume is starting to shrink, and MACD is even showing signs of a “death cross.” This is what’s called “dull knives sharpen people.” The main force is waiting, waiting for those retail traders afraid of missing out to rush in and buy.

Currently, ETH has reached a critical position for a game of tug-of-war.

Looking upward: 2980-3000 is a heavy pressure zone. If it can’t break through, it’s a “double top” pattern, and next will be a secondary bottom.

Looking downward: 2880 is short-term support. If broken, the recent rebound will be a joke.

I’m a cautious person, not believing in “direct takeoff.” I only see that at this position, the risk-reward ratio makes going long very unwise. Do you want to eat the meat on the fish tail, or get stuck by the fishbone in your throat?

Since you can’t understand where the bulls’ confidence comes from, I’ll just be a “cunning fox.”

【Trading Plan】
Direction: Short
Entry point: 2965, with pre-set add-on levels at 2980-2990
Logic: Since it’s a resistance zone, go test your luck there. If the main force dares to push up here, I dare to short.
Stop loss (life-saving): 3028
Logic: If it stabilizes above 3000, it means the whales really want to cause trouble, then I’ll admit defeat and buy this tea.
Take profit (cash out):
First target: 2910 (take a sip)
Second target: 2850 (eat a piece of meat)

The tea has cooled, time to get to work.
Trading is never about who makes more money, but about who survives longer. Watch those candlesticks turn red and green, don’t get carried away.

If it drops back to 2800 now, will you be glad you didn’t chase the high, or regret not bottom-fishing? Think this through before placing your order.