$ETH Currently, it's highly likely to turn flat. The previous high divergence, a large number of long positions smashing the market, then a slow decline to take short positions and drain liquidity. Now, the rally should be to lure in more longs, sweep liquidity, and take the last wave of shorts. There is an irregular W bottom and a previous low below. If these two levels break, it will cause a waterfall decline. The first wave is expected to fall to around 2120. But if I enter at this level, I will set my stop loss at the previous high of 2330. This stop loss is too large; although the risk-reward ratio is still acceptable, I can't accept it. I can only wait and see if they haven't accumulated enough chips, then it might push higher, or look for signals on smaller timeframes to find a stop loss. Shorting here has a very high cost-performance ratio; once entered, you can hold on indefinitely.