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Currently, the market data shows that ETH and BTC are primarily focused on shorting. The higher time frames continue to show a one-sided fall, while the short-term rebounds are still considered shorts. For ultra-short or small short-term trades, it's better to keep an eye on the market data. The pressure on Ether is around 3440-3485, and the bull-bear reversal point, or reversal point, is near 3520. As I said, for those with large positions, control your position and short on rebounds; there isn't much to trap at the moment. The target level is a bit further for now, around 3374-3340.
To go long, you need to keep an eye on the market data, take a bite and walk away. It’s uncertain if it can even reach 3440 now. Secondly, if it’s a sideways market, then the range of the sideways market is clearly 3440-3770.
Pullback on the daily line for shorting, gradually shorting is the safest.
For reference only.