Ethereum, cliff-like trend, plunged to the 3675 area early in the morning, rebounded to 3850 overnight, currently stable above 3800. The pattern remains a wide oscillation, with no obvious bullish or bearish signals. In the short term, do not expect a one-sided trend; just participate with high shorts and low longs.

This morning's suggestion is to short near 3850, looking for 3750-3700, and if it doesn't continue down, reverse to long.