ETH's recent rebound lacks significant momentum, with the bulls lacking the drive to push higher and the bears not making any major moves. Entering the market now is not very prudent. Instead of rushing to build positions, it's better to wait and see how the US stock market opens in the evening.

If the US stocks surge smoothly, it could be a good opportunity for shorting—positioning for shorts at high levels, which helps keep the risk more manageable. What if we open a short position now? If the market suddenly surges, the losses won't be too deep, but short-term unrealized losses will be hard to recover. The key point is that the major downtrend hasn't changed, so there's no need to rush against time.

The best strategy is to wait for that optimal entry point, which is the most testing moment of patience in trading. Hopefully, the subsequent market will be strong enough to help everyone end the year with profits.