Recently, those who shorted ETH were directly caught off guard.

However, from a weekly perspective, if it cannot break through 2750 for a long time and lacks volume support, then this wave is likely to start a correction.

Previously, this position repeatedly tested the bottom, and the support was quite strong.

It is recommended to place some spot orders below, with 2300, 2250, or even 2000 being good entry points.

The overall trend is still upward; after the correction, it will continue to rise, and once the rhythm picks up, 4000 may not be far away.