The recent fluctuations in the market have indeed caused some aesthetic fatigue. The repeated ups and downs are hitting liquidity, making it seem like pointless fluctuations. However, from a fundamental perspective, as long as the US stock market can stabilize during the Christmas period, the market is likely to continue sideways until around the 26th.

The truly interesting part actually comes after the options settlement. Hedge positions begin to loosen, and chips gradually concentrate among the main participants, which is often the night before a big market move.

In this cycle, the performance of silver assets has clearly surpassed that of ETH, and the former "digital silver" has indeed lost some presence. However, there's no need to be too pessimistic—once ETH finds a breakthrough, the rebound is often quite strong.

For the recent operation, last night’s ETH short position accurately grasped the resistance level at 3060, directly hitting two target points, earning about a hundred points. Many friends who followed up also gained several hundred USDT in profits.

For those who still have positions, it is advisable to moderately reduce holdings and set a defensive cost, so as not to let the profits slip away. If you missed out last night, there is no need to regret, as such opportunities should emerge again in the upcoming market. The key is how to突破 the 26th threshold, which may be the real turning point.