Ethereum surged to 2586 last night but has since declined continuously, dipping as low as 2320.

The previous strong support has been easily broken, indicating weakness.

Liang Ge set up a long position at 2450 yesterday but couldn't hold on.

Exited near 2530, making a small gain of 80 points.

Now Ethereum is at the 2400 level, and Liang Ge feels it's difficult for the bulls to stabilize and counterattack.

With the bears being so strong, don't go against the trend.

Short directly at 2400-2430, targeting 2330 first, and if broken, then look at 2280.