8.7 $ETH Why choose to short Ethereum?
Overall Logic:
Necessary Conditions
Resistance area peaks and retraces
Price is in a key range
2-hour K forms an engulfing structure
Optional Conditions
False breakout of previous highs
K-line feedback intensity meets requirements
CDV volume-price divergence
Upper liquidity to short
Profit-loss ratio meets requirements
Entry Point: First selling point in Chan's theory, slightly aggressive