Is Ethereum's epic pullback to 1500 or 1200?

On December 1st, I repeatedly reminded everyone to be cautious of the pullback risks, yet some people still criticized me relentlessly. It's really like a mute eating bitter herbs with no way to express the pain!

It cannot be denied that some exaggerated bears are targeting 1500 or even 800, but there are many factors that determine Ethereum's downward trend: fundamentals, market sentiment, information, and even a delicious bowl of wide noodles.

In the 21st century, I really can't believe there are still people who look to large players, indicators, and institutions to determine their operations. We can roughly judge basic market information through naked candlesticks. When there is a clear trend, we can enter the market. To put it simply, if it rises, go long; if it falls, go short—there's nothing wrong with that.

But the most important point to remember is that everything has two sides. There are no stocks that only rise without falling, nor stocks that only fall without rising. When a certain threshold is reached, different reactions will emerge.

In so-called bull markets, we bears are always targeted, but everyone is just a normal player in the game. Why do the bulls attack us so fiercely?

It's simply because their constant chasing highs and selling lows has caused them to lose money and generate resentment like a monster.

In this regard, I want to say a word for us bear players: you have your longs, and I have my shorts; no one should look down on anyone else.

There is no rule that says the bulls cannot short or the bears cannot go long.

In the coming time, let us patiently wait to see whether this deep pullback is truly a peak or just a technical adjustment?

The short position at Act0.61 has already gained over 10% profit. For those who have entered, remember to take profits and continue to watch the show.