The reason for shorting Ethereum $ETH is simple: today is Black Friday plus the weekend market, and today the US stock market is expected to lead to a significant liquidation of spot by institutions, resulting in strong selling pressure. This is the objective reason for shorting.
From a technical perspective, the current trend of Ethereum is increasingly showing a downward trend, with a clear downward trend line. Now, it is possible to take a small position and test the shorts, which is our subjective reason for shorting.
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