The recent Rebound of ETH is indeed a bit weak. Last night, it attempted to break through 3100 but couldn't hold above, indicating that there is still significant pressure above. However, from the current trend, if it can find a stable support level above 3000, this could be an opportunity to consider shorting at high points.
If you want to get involved in the long position, you can try using a light position now. The key is still to see if the support line at 3960 can hold — the resilience at this position is quite strong, and if it doesn't break down effectively, it indicates that there is still room for the bulls to rebound. In the short term, the focus is on observing whether ETH can break through the upper pressure and how this support level performs.
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The recent Rebound of ETH is indeed a bit weak. Last night, it attempted to break through 3100 but couldn't hold above, indicating that there is still significant pressure above. However, from the current trend, if it can find a stable support level above 3000, this could be an opportunity to consider shorting at high points.
If you want to get involved in the long position, you can try using a light position now. The key is still to see if the support line at 3960 can hold — the resilience at this position is quite strong, and if it doesn't break down effectively, it indicates that there is still room for the bulls to rebound. In the short term, the focus is on observing whether ETH can break through the upper pressure and how this support level performs.