Let's take a look at the big position below ETH. I have been talking about the rebound since January, remember to run. According to the MACD trend, as early as the end of November, ETH closed at 2990, which indicates that the trend has gone bad. Strictly speaking, December and January belong to the ETH rebound market. The two touches at 3400 did not establish a solid position, so the market did not reverse. Hence, we should go short, with a take profit at 3400 for spot trading. The ETH position below 1752 has already been given and touched once. If 1752 breaks again, 1550 will serve as support for a rebound. Continuing down, we can see ETH around 1220. If ETH reaches around 800, we can go all in. Of course, each position needs to be monitored; only breaking 1750 will push it down. Currently, there is no major direction or big market. The monthly bullish trend is gone, what does that mean? High short on the rebound. Now, above ETH, 2500 and 3000 are significant pressures. So, for ETH above 3000, traders should be cautious. It is really important to learn to go with the trend and not to take contrary positions. In terms of the overall direction: high short on the rebound high short on the rebound #ETH走势分析