$ETH is one of the coins I like trading the most. Currently, its price is similar to BTC, both reaching the end of a downtrend consolidation phase and about to break out. It will happen in the next few days. Many brothers may wonder why the price has been so chaotic recently. The reason is simple: the big players use this kind of disorderly and random volatility to trick new traders into entering, then hunt down stop-losses and drain liquidity in preparation for the next pump. At this point, you'll notice that smart longs have their main positions around 2940, while smart shorts have their main positions around 3280. Only those who missed the opportunity and have no position are being driven by emotions, getting stopped out repeatedly in this trash market.

So, do you get it? Trading is like this—being out of the market is also a form of wisdom!

As for ETH, my subsequent trading plan includes: 1. Short if there are signs of weakening along the structural trend line; 2. Go long if it breaks the structure and then retraces; 3. Enter short between 3550 and 3650 to hold a trend trade.