A warning to you all: When the entire market dreams of ATH, that is also the most dangerous time.
I have repeated this many times already. Don't forget in 2021, when $ETH touched 4,800 USD, it then plummeted straight down to 880 USD. Anyone who still held onto dreams of making a fortune at that time lost their entire account.
This time, I believe the scenario will be just as devastating.
There are two main possibilities:
Scenario 1: If macro data is not too bad, the market may adjust to the range of 2,800 – 2,900 USD and then gradually recover.
Scenario 2: If the economic situation continues to worsen, it is not excluded that there could be a direct drop to the range of 1,300 – 1,500 USD.
With this price range, in my opinion, shorting will provide an advantage. You can hold your positions and aim to take profits around the end of September. If the scenario is right, your account could potentially increase by 3 to 5 times.