$ETH Ethereum Contract Analysis:

Conclusion: Bearish, key entry point around 2710, you can short near 2710 with a stop loss at 2732. Even if there is volatility, we judge that the volatility range will shift down to below 2700.

Analysis: The open interest has increased significantly, with the main force heavily shorting and retail investors going long. Key resistance level at 2730, with the lower edge of the concentrated trading area between 2710-2730, this range is the short-term cost zone for the main force (excluding the previous average short price of the main force). Moreover, the concentrated trading area has been consistently shifting down, from 2840-2790 down to 2770-2710, we judge that the next concentrated trading area will be 2680-2630 (even breaking below).

Note: The key position for shorting on the right side is a gamble, do not refer to heavy positions, a stop loss of 20 points targets a profit of over 80 points, with a risk-reward ratio exceeding 4:1. There is also a possibility of seeing something starting with 25 directly. Even if the directional judgment is wrong, the trial and error cost is low.