Eth is currently in the second phase of a pullback and has not shown a signal of stopping the decline. Therefore, in the short term, it may continue to pull back to complete a second bottom test, which is roughly in the 3540-3510 range, also aligning with the 0.618 Fibonacci level. So this position can be considered for going long.

Both Bitcoin and ETH have short-term pullback demands, and for going long, it is advisable to wait for a pullback spike. For ETH, the position is to consider entering long on the second bottom test, as long as it does not break below the previous significant drop low point. After the second bottom test concludes, there will at least be a wave of accelerated upward movement. Essentially, after every significant drop, there is a second bottom test before choosing to accelerate upward. #ETH巨鲸增持