The short position has been closed with a solid profit again. The trend continues, so do not trade blindly!

Today's short positions were again perfectly closed with a profit, successfully securing 140 points. Currently, the Ethereum four-hour chart shows a weak, oscillating trend, with the price around $2812. Intraday price action has been downward, with insufficient rebound momentum, indicating intense short-term battle between bulls and bears. Attention should be paid to the breakout of key support and resistance levels. On the four-hour chart, the price has broken below the EMA20 and EMA50 short-term moving averages, which are in a bearish alignment, indicating significant short-term downward pressure. The moving averages above are acting as resistance, making a rebound difficult. The RSI indicator is below 40, entering weak territory, indicating insufficient buying power and a slight advantage for bears. No oversold signal has yet appeared, suggesting further downside potential. The MACD indicator's DIF line is below the zero line and has formed a death cross with the DEA line, with the green histogram expanding, indicating increasing bearish momentum and weak short-term rebound signals. Support levels: The key support level to watch is $2800. A break below this level would likely lead to a further decline in the $2750-$2780 area, a support zone tested multiple times previously. A breach of this area could trigger further declines. Resistance Levels: The first resistance level to watch is the psychological level of $2900. A break above this level could lead to $2940-$2950. A further break above the $2980-$3000 area could indicate a potential short-term trend reversal. Trading Strategy Suggestions: Short-term traders: Remain on the sidelines. If the price rebounds to around $2900, a small short position can be considered, with a stop-loss above $2930 and a target of $2850-$2830. If the price finds support around $2800 and shows signs of stabilization, a small long position can be considered, with a stop-loss at $2780 and a target of $2880-$2900. This strategy is time-sensitive; implementation will primarily rely on free guidance.