What is happening in the market? Intelligent funds are systematically distributing ETH in the range of $2,220 to $2,386, taking advantage of the market rebound to sell to the public and prepare for the subsequent decline. The current adverse macro environment provides fundamental support for this. What should traders do now? Maintain a bearish bias, but do not short at the current price. Wait patiently for the price to rebound to the resistance area of 2340-2390 dollars, and then establish short positions in batches.