On July 21, I posted a prediction regarding the monthly trend of ETH. Based on the monthly golden cross and comparing it to the previous monthly golden cross of ETH around 2440, I concluded that this rally could reach around 5500-5600. This prediction remains unchanged.

So, short position holders should pay attention to forced liquidation; do not go against the trend. Wherever a breakout occurs, you need to reduce your positions; do not stubbornly hold until liquidation before admitting defeat. The market is never short of opportunities, only lacking the capital and courage to start over. What you think is impossible is usually just what you think you think.