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Ethereum's recent trend has been quite strong, with the early morning surge almost reaching the level where short positions are set up. Just twenty or thirty points away from a profit-taking wave. However, at this current position, chasing short positions is not the optimal choice.
From a technical perspective, the small-cycle price has been operating above the MA30 moving average, which is the current key support. As long as this line is not effectively broken, there is a high probability of making a new high in the short term. Although divergence signals have appeared, such patterns often first lead to a wave of accelerated upward movement before truly turning downward.
So the idea is: wait for the rebound to be complete before entering short positions. The specific entry zone is locked between 3250-3280. Just be patient and wait for a small peak to appear, then precisely enter during the pullback. Market tests often come down to patience.