For those who want to bottom fish Ethereum at $ETH , it's better to wait and be patient for now. Going in now is likely to catch falling knives, the risks are too high.

If you have positions, keep a close eye on 4200. If it breaks below, for example, if it quickly plunges or closes below, you should cut losses without hesitation to prevent greater losses.

For those who want to short, be cautious; even though the trend is currently downward, you should choose your entry point wisely and set a stop-loss (for example, shorting after a rebound to a certain resistance level).

For those who have already shorted, I personally recommend taking some profits once you reach your expected take-profit level to secure some gains.

Look more and enter less; don’t rush in just because there’s a trend. In this market, waiting is the wisest choice; not making money is better than losing. Wait until the direction is clearer to make further moves.

Today's trend for Ethereum is still dominated by the bears; who knows what the bulls are doing? In any case, the short-term risks are still relatively high, so everyone should operate cautiously and control their hands.