Ethereum daily chart shows a typical symmetrical triangle pattern, with a high probability of breaking downward and continuing to probe lower towards the 2600 level. Meanwhile, the 15-minute timeframe is forming a descending flag, currently touching the key resistance level at 3100. From the rebound strength, this rally appears somewhat weak, and a breakout is lacking momentum. Therefore, bulls can consider closing positions at 3100 from a risk management perspective. If you want to participate in the downward trend, a small short position can be taken at 3100 to test the market rhythm, with the first target set at 3060. Of course, if you prefer a conservative approach, you can choose to stay out of the market and wait, temporarily avoiding this fluctuation. It’s also possible that the 15-minute chart may change, and eventually break upward through this descending flag, in which case waiting for a better shorting opportunity would be more ideal.