$ETH is showing a震荡下行态势 on the hourly level, with prices operating in the range of 2960-3050, and the short-term structure is bearish.

Core Concept of Ethereum Holy Operation:
Focus on shorting during rebounds, be cautious when trying to catch a rebound during sharp declines.

Specific combat plan:

Bearish direction
Short on rebound: The price rebounds to the resistance area around 3020-3040, showing a stagnation candlestick, short in batches | Target: 30-120 points+
Breakout Short: Price breaks below the support near 2960, follow the trend to short | Target: 30-120 points+

Bullish direction
Rapid Drop and Counterattack: The price has sharply dropped to the support zone near 2960, showing obvious signs of momentum exhaustion. Lightly positioned for a rebound | Target: 30-120 points+
Breakthrough Long: Only consider adding to the position if the price stabilizes around 3050 again | Target: 30-120 points+

Unified risk control stop loss 30 points:
Set the stop loss for the short position 30 points above the entry price.
Place the stop loss for the long position 30 points below the entry price.

The above is a personal trading framework, not investment advice)

The current price is around 2986, and I am ready to place a short order near 3020, with the first target looking towards below 2980! Are you currently holding long or short positions?