#ETH

Ethereum (ETH) has recently shown strong upward momentum, with consecutive large bullish candles causing technical indicators to be temporarily distorted. Meanwhile, Bitcoin (BTC, commonly nicknamed 'Big Pie') has also continuously set new historical highs, presenting a prosperous scene in the entire cryptocurrency market.

However, it is worth noting that yesterday, a long-dormant whale account suddenly sold over 10,000 Ethereum, and the wallet address cost was only 3 dollars. This action has sparked widespread attention and reflection in the market: why did this account not choose to sell when the price of Ethereum was close to 4,000 dollars, but instead conducted large-scale selling when it broke through 2,700 dollars? Is there some hidden signal behind this?

At the same time, large holders of Bitcoin also chose to sell during this breakthrough of historical highs. Is this behavior intentional, or merely a smokescreen? The market is full of speculation and questions about this.

Currently, the 3,000 dollars level for Ethereum has not been broken, and today it peaked at 2,956.99 dollars before experiencing a pullback. The current market state is relatively complex and difficult to judge, therefore, for conservative investors, continuing to observe may be a wise choice.

However, for those aggressive investors who are willing to take on certain risks, today may be a good time to attempt small-scale short selling operations.

Specifically: you can short when the ETH price is at 2,915 and set 2,960 as the stop-loss point. Of course, this is just a suggestion, and actual operations should depend on individual risk tolerance and market judgment.