The second take profit for Ethereum has been reached, short positions above 3300. The first call to short Ethereum was at 3180, then again at 3250. I took some profit at 3190 and took profit again at 3000. The remaining positions are prepared to take profit around 2800. Ethereum has formed a strong support around 2800, and it should not drop below that, or if it does, it will quickly recover. A decline does not mean a straight line down, so be patient with short positions. Do not believe those who say the bull is coming, the bull is back. This round of the bull market is over. Bitcoin and Ethereum have reached new highs, and now we are in a downward cycle. The bull market will not appear until next year; for now, we remain bearish. Throughout history, bear markets produce meme coins and speculative stocks, and we can all feel the craziness of the gainers list these past few days.