Recently, I've been looking at ETH's trend, and there's a detail worth pondering.

On the surface, the price around $3000 appears very resilient. But looking deeper, the situation isn't that simple.

**Fund Flow Speaks**

Over the past period, funds have been continuously net outflowing. The trend is consistent across all timeframes—money is moving out. This isn't a small-scale profit-taking but a systematic withdrawal. Data shows that recent daily net outflows have reached the scale of $450 million.

**Price Positioning Is Clever**

Think about why ETH is firmly held below $3000. On one hand, this position leaves retail investors with hope—"It's about to break through." On the other hand, it perfectly traps the price within a consolidation range. Such precision likely involves the hand of major players behind the scenes.

**Trading Perspective**

If the price rebounds to the $2990-$3005 zone, it could be a good shorting opportunity. Set your stop-loss at $3035. If the price breaks through this level, it indicates a potential change in momentum, and you should exit to cut losses.

Target levels: first at $2900, second at $2850. If it falls below $2850, the downside space truly opens up.

Ultimately, in trading, **where the money flows is more critical than the price level**. When funds are continuously flowing out, any small rebound in price might just be a bait.