Ethereum faces resistance at 3700 here. If it stabilizes at this level, it will attempt to test 3800 to 4000. Therefore, if you missed the long order, or if you have already exited the long order at 3530, it may not be wise to chase the rise further. You will have to wait for the upper resistance to test before observing the situation, looking for high short opportunities, or a breakthrough of the resistance level to see if you can chase the rise. This needs to be decided in real-time, and cannot be ambushed in advance!

Bitcoin has pulled back 117,000 intra-day and is currently rebounding, now at 118,600. The upper resistance continues to be focused on 120,000 and 121,000. Personally, I think the cost-effectiveness of participating in a short here is still very high, with a small stop loss. If you have already missed the long order, it indeed becomes difficult to chase the long directly, and you can only consider participating in the high short when the resistance area comes.

Intra-day, I provided everyone with three orders.

Bitcoin shorted from 119,200,

Then I informed everyone to long at the support level of 117,200, short down, long up, perfectly matched!

Ethereum let everyone long at 3530, now up to 3690, after reducing positions, focus on the resistance at 3700. If it stabilizes at 3700 here, then you can consider aiming for 3800. If it does not stabilize and pulls back, then look for opportunities to exit early.