$ETH is showing a range of oscillation and downward movement at the 1-hour level, with prices continually operating below the key area of 2950-2980. The short-term structure is bearish and is currently testing the strength of the support below.

Core idea of Ethereum Holy Operation:
Mainly short on rebounds, a sharp drop to the strong support area can be lightly positioned for a rebound.

Specific combat plan:

bearish direction
Short on rebound: Price rebounds to the resistance zone around 2950-2980, showing stagnation with K-line, short in batches | Target: 30-120 points plus
Breakout Short: Price breaks below the support near 2900, follow the trend to short | Target: 30-120 points+

bullish direction
Quick drop for a rebound: The price sharply fell to the support zone around 2900-2920, showing clear signs of momentum exhaustion, light position for a rebound | Target: 30-120 points+
Breakthrough to chase long: Only consider trend small position long if the price stabilizes around 3020| Target: 30-120 points+

Unified risk control stop loss of 30 points:
Place the stop loss for the short position 30 points above the entry price.
Place the stop loss for long positions 30 points below the entry price.

( The above is a personal trading framework, not investment advice)