From a technical perspective, ETH is currently at a delicate and critical juncture. The risk warning for long positions issued the day before still needs to be emphasized—stop-loss settings must not be overlooked, as many have suffered losses here.

The current market characteristics are quite clear: there are many short-term opportunities, but position holding periods should be strictly controlled. Orders held for more than 24 hours not only face the risk of profit reversal but are also more likely to be wiped out by counter-trend movements. Therefore, without clear multi-day moving average support logic, it's better not to be greedy.

The most crucial point is coming—support levels are being tested by the market. Once this support is broken, the previous upward pattern may come to an end, and the 3300 level will be locked in as a monthly adjustment top. If the upward channel truly breaks down, the next reasonable support is around 2400. This process requires patience; do not be scared off by short-term fluctuations.

For those looking to bottom fish or hedge risks, small position orders can be placed. After confirming the market direction, add to positions or close the opposite side of the order. This way, you can participate in opportunities while controlling risk exposure.

Finally, a matter of execution discipline: maintaining a win rate of over 80% on trades makes frequent trading worthwhile. If this level cannot be reached, it’s better to stay on the sidelines and observe. This is not conservatism; it’s respect for your trading system.