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Bitcoin and Ethereum's recent trends are indeed quite interesting. After careful comparison, Ethereum is still relatively smoother, and the market feels more responsive.
At this current point, short positions can still be held. The key is to find the right entry point, wait for a good pullback opportunity to close the short positions, and then go long. This strategy can both control risk and capture reversal opportunities.
In market fluctuations, patience and position management are often more important than blindly chasing trades. Although BTC and ETH are highly correlated, they still have their own characteristics in details.