$ETH Continue to wait for a rebound and look for opportunities to short at higher levels. The price has completed the first sharp decline from the intraday high of 2208, and chasing shorts on the downside has compressed space with unfavorable odds. Patience is required to wait for price to rebound toward the key resistance zone, which is an ideal second entry point for short positions. Specific entry range: 2108-2118. This zone is a pressure band formed by the convergence of the descending triangle breakout neckline (approximately 2114-2125), the 1-hour MA20 moving average (2116), and the 15-minute midline (2146) below. Stop loss must be set above 2122, where the upper band of the descending wedge coincides with the 5-minute level structure high, indicating that a break would destroy the short-term downtrend structure and shorts should be closed. The first take-profit target is set at 2089, and after an effective break, hold positions to target the second objective of 2054. The operational logic follows the inherent requirements of daily-level overbought correction, capturing the exhaustion opportunity of rebounds to strong resistance in the small-timeframe downtrend, executing a trend-following short at higher levels. Capital management suggestion: This is an operation during a pullback within a downtrend, using 50% of normal position size. Risk-reward ratio better than 1:3. Core strategy summary: Daily-level bullish momentum is exhausted and needs to pull back, small-timeframe short structure is intact, patiently wait for price to rebound to the 2108-2118 zone for shorting opportunities. Historical forecast accuracy shows that the last judgment on short pullbacks was correct; this round recommends continuing this logic—after price has already declined somewhat, it is especially important not to chase shorts and instead wait for a rebound.