$ETH Currently, all major cycles are at high levels, which is a time of increasing risk, so longs should not chase; there will definitely be a pullback to give you an opportunity, but also because there has been no conversion between long and short, shorts should not be initiated either. When the daily level has an upward spike, and everyone knows this is a spike, it indicates that the uptrend has ended! It's time to start shorting on the pullback! Currently, the bulls' command center is still holding firm, so we should prepare our layout and wait at our desired support level for it to help fuel the shorts!