$ETH called back a wave of 1761, continuing to rebound towards 1800 and moving along a fluctuating route. I mentioned earlier that only a top fluctuation could potentially lead to a major correction into a bearish market.

During a pullback, it is impossible to correct all at once; thus, up-and-down fluctuations are essential. This kind of market is suitable for short-term trading regardless of whether you go long or short, so you need to learn to understand the reasons behind this up-and-down fluctuation.

If the market breaks through 1820, the possibility of a second peak on the hourly chart cannot be ruled out. If it does not break the previous high and instead forms another fluctuation, then looking for a high rebound to open a short position is the hard truth.

The back-and-forth fluctuations are just to throw smoke bombs to confuse us, so what we can do is look for high rebound levels to open short positions and wait for a pullback. This is my trading strategy.

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