$ETH

The market is full of voices looking to short and pull back at this point.

So the pullback point is basically not going to be here.

If a batch of shorts gets trapped here,

then under normal circumstances, it will blow up most of the shorts.

The lowest it should go is above 2000.

Around 2100 is where the short pullback has the highest win rate.

So around 2100 is the point worth betting on.

After the rally, a long period of sideways movement can also wash away most of the profits.

It doesn’t necessarily need a big pullback.

So this wave may rally to around 2100, pull back to around 1900,

and it won’t provide the shorts around 1800 with a chance to break even.

Just a personal opinion, for reference only.