Every time after a sharp decline, the box repair, back and forth drawing doors, the same pattern has been running continuously.

It's still okay; a day's repair has perfectly brought us to our target range.

Today's net outflow of ETH spot is due to mass liquidation of long futures, triggering panic selling, which caused the market to experience a sharp decline followed by a correction.

However, this correction is just a brief respite. The selling by longs eager to stop losses has temporarily eased the downward momentum, but the bearish sentiment in the market is still building up.

I personally believe there will be another dip, so the short position plan remains unchanged. $ETH