$ETH 3000 points, breaking through is thinner than paper.

Waking up early and seeing 2910 points, I am not surprised at all.

Two days ago, I called a short at 3230, and some even called me a “dead bear,” confidently claiming that 3200 was a solid bottom. Now, the once “ironclad” bottom has become an insurmountable ceiling.

From 3400 to 2900 in this waterfall, how many of the so-called “value investors” trying to bottom fish have been buried? In this market, respecting the trend is more important than holding onto beliefs.

Don’t rush to take the knife. Going bottom fishing now is no different than sending your head to the main players.

Although I injected a rebound at 2910, this is just a typical “dead cat bounce.” The 2980-3000 zone above is now densely packed with trapped orders—that’s the brutal top-to-bottom reversal.

The next strategy is clear: once there’s a rebound near 2980 with weak volume, it’s an excellent sniper point for a second short.

When the waterfall falls, only fools reach out in midair. Smart people wait until it hits the ground and stops before acting.