Ethereum's 3000 and 3060 resistance levels have been wiped out by our short positions, taking profits multiple times. I think we can't keep taking profits like this. I'm not shorting anymore until it reaches 3160+ or before the Federal Reserve's interest rate decision in mid-January. At that time, I will position for shorts at whatever level it is, and I will share it with everyone.

Direction: Short
Entry: Around 3165-3190
Take profit: Level 1: Around 3110 (for safety), Level 2: Around 3040
Stop loss: Slightly above 3220 by a point. If doing long-term shorts at 1-2x leverage, you can skip the stop loss and hold on.
Reason: Ethereum faces significant resistance around 3185, and it can be shorted again if it reaches there.
Personal opinion: Don't place orders at exact integers, as they are hard to fill. Placing them slightly below the resistance zone makes execution easier. Due to many fake breakouts and false breakdowns now, to prevent this, we set stop losses a bit higher, lower the risk-reward ratio, and significantly increase the win rate when placing orders.