#CulperResearchOpenlyShortsETH Culper Research has announced that it has taken an open short position on Ethereum (ETH). This move is seen as a notable signal in the market and poses potential risks for ETH investors. 🔹 Key Points • Market Impact: A large short position can exert downward pressure on the price in the short term. • Investor Reaction: Crypto communities and traders are closely monitoring the size and strategy of this position. • Volatility: ETH price may experience short-term fluctuations due to such significant moves. 🔹 Strategic Recommendations • Risk Management: Controlling position sizes and using stop-loss strategies are critical. • Market Monitoring: Large short and long position movements provide important signals for price trends. • Short-term Opportunities: Fluctuations could create potential trading opportunities for experienced traders. 🔹 Conclusion Culper Research’s short position on ETH is a development that serves as a warning for the market. Investors should carefully monitor price movements and market reactions to update their strategies.

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3.8 Morning Analysis Over the weekend, Bitcoin's price action was relatively weak, with the moving averages showing a clear death cross suppression. The 1-hour chart shows a large bearish candle breaking below support, but the rebound is weak. The KD indicator is hovering at low levels, lacking any signs of a rebound. Coupled with the weekend's light liquidity and macroeconomic negative sentiment transmission, market risk aversion has increased, and there is a lack of positive catalysts. Short-term resistance is at 68524, support at 66850. If the recent low is effectively broken, downward momentum will further accelerate. Over the weekend, it is recommended to buy high and sell low. Trading suggestion: 67800-68300 range, target 66800-66300.$ETH $BTC