### Where to open a position:

- **Long (buy)**:

- **Conservatively**: After confirming a bounce from $3,646–3,500 with a stop-loss below $3,500.

- **Aggressively**: Upon breaking $3,860 with targets of $4,071 → $4,500.

- **Short (sell)**:

- Only if the price consolidates below $3,500, with targets of $3,250–3,000 (risky due to the overall uptrend). #ETH $ETH