Looking at this wave of Ethereum's market, there's a logic that must be clarified.

Remember the bottom at 2600? Why did most people hesitate to buy the dip back then? Because everyone thought the bear market wasn't over yet, and Ethereum needed to drop below 2000 to be worth buying, only above 4000 would be considered profitable. And what happened? From 2600 to nearly 3400, an increase of almost 800 points, those caught in the trap are now regretting it.

Now it's the turn at the 3300 level, and the same play is unfolding again. A big bullish candle appears, and many think the bull market has started, beginning to fantasize about shorting at 3600, 3700. The problem is—will the market makers let you have your way?

Think about it, it’s impossible to push above 3500. Once it surges to 3600, a large number of short positions will flood in. To completely wipe out these shorts, it would need to reach 4500, but that’s too much to ask. So, the current strategy at 3300 is clear: only the bulls dare to enter, while the bears are hesitating.

The result is: many chase the rise, many want to short, but few dare to actually short. At this point, it’s those with the guts to do contrarian moves who are eating the gains. The market has always been about a minority making money, and those with reverse thinking get to enjoy the benefits first.