ETH has once again experienced a significant pullback. Looking at the daily chart, it has been declining for three consecutive days, and this correction is quite decisive.

In fact, from the market characteristics, what’s interesting about this coin is that it either continues to rise or continues to fall, making it difficult to see consolidation or sideways movement. Once the direction is established, it tends to follow the trend.

Previously, we had already set up short positions in the community, and this waterfall did not disappoint. At such times, it’s better to stay calm and not be led by short-term fluctuations. The next focus is to observe how far this decline can go, and to prepare for the next move.