12.17 Ethereum Market Reminder

Place a high short order at 4250, with a stop loss defending at 4300, and wait patiently...

Do not chase the short, as there is a high probability it will deliver a fatal blow to the bears before starting a rapid decline. Assuming we analyze the key trading positions from the perspective of the market makers, this is definitely not the best position for a high sell-off. Of course, it is also possible that our judgment may be inaccurate, but as long as there is a decline, there will be opportunities to enter the market, albeit with potentially smaller profits.

If you chase the short at this position, it is undoubtedly a retail mindset. Opportunities are to be waited for; if the bears do not push down, the range will remain very small, making it meaningless to enter.

Therefore, just place a high short order at 4250, and start building positions in batches near 4200 to manage your risk.

If you really want to trade, at this position, you can only look to go long, not to chase the short.

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