ETH is a good trading position. If you're here, I hope you follow trading principles and take action at the right moment.
ETH is currently at a critical juncture.
The daily level has reached previous highs; whether it breaks through or continues to retrace is a question.
Therefore, betting on a breakout at this position is unstable, and you should always have a mindset that contrasts with the market; it seems that shorting here is more effective.
Stop loss is manageable, and you can go long on a breakout retest.
It's quite a good position.
Please make your own judgment on the levels.