The ETH trend is relatively stronger compared to Bitcoin. After taking profit at 3250 during the last long position, I haven't operated on ETH since, meaning I didn't trade during this decline, but I did send out signals for other coins because although the long position target was at 3250, this was not the best position to short, so I didn't issue a signal.
Currently, ETH is also performing relatively strongly, but overall it is still in a downtrend. Additionally, a pattern has appeared here that many people might think is a consolidation rectangle, expecting a breakout upwards after the consolidation. However, I believe there is a high probability that it is a bearish flag pattern. If it is a bearish flag pattern, then a minor pullback is likely to be followed by another wave of decline.
After identifying the pattern, just look for a pullback high to short. For a bearish flag pattern, the high point usually forms an upward slant line, with the pressure line around 3150. However, if you want to short, I recommend doing so in the 3150-3200 range. This pattern can easily create a trap for false breakouts, leading to an accelerated decline. Once the decline starts, the target would be around 2930.

