ETH is still in a large long-term oscillation range, and many people are shorting and bearish on ETH. ETH has been performing relatively strong for a long time recently, and I still hold the previous view that unless the range is broken, it is not advisable to short easily. If the market has a slight positive sentiment or BTC turns upward, it will pull up and explode the shorts.
In such scenarios, shorting is more suitable on the right side, while shorting on the left side has a high probability of being hammered repeatedly.