Just saw a Large Investors open a position of 50 million dollars in ETH, and immediately sell it to make 50 thousand dollars. This person really has a sharp instinct, maybe also sensing that the market data is a bit off.

It cannot be denied that those who can buy are the students, and those who can sell are the teachers. Following smart money actions like this will at least prevent significant losses.
From the current trend, it seems that Ethereum will not fall too far. The 3000 position is basically a strong support, and today the candlestick pattern appears to be starting to move upwards. In the short term, this price may be tested repeatedly, but the likelihood of breaking through it is not great.