The Ethereum market currently exhibits a 'smoke bomb' style surge, where seemingly strong bullish momentum is actually a trap to entice buyers. The main players are using short-term price increases to attract chasing funds, concealing their intentions to sell at high levels. Once followers enter the market, they are likely to become 'bag holders'.

From the weekly trend observation, since the market opened on Monday, the trend has been unidirectional, significantly increasing the risk of chasing prices. Based on a comprehensive analysis of technical indicators and capital flow, it is recommended to adopt a light short-selling strategy.

Ethereum: Short around 2670-2700, target 2500, long-term view of 2200, each should strictly maintain their defense.