$ETH Morning Thoughts Analysis:

Currently, ETH is in a high-level range-bound but relatively weak phase. Short-term upward momentum has started to fade, and resistance overhead is quite evident. Meanwhile, technical indicators are leaning bearish, and the market has some need for a pullback. Therefore, the core logic for going short right now is: lack of strength in the rally, clear overhead pressure, bearish-leaning indicators, and an increasing expectation of a short-term pullback.
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