Ethereum's short-term strength is better than Bitcoin's. Yesterday's double-period top divergence only allowed Ethereum to drop for 4 hours, after which it rose again. The 4-hour moving average still maintains a bullish trend, and the 30-minute chart has also turned bullish. If the price retraces to the 30-minute moving average before rising again, that would also be normal. However, for Ethereum to rise significantly again, Bitcoin needs to stabilize as well. The intraday direction for Bitcoin is hard to determine. In the short term, if there is a continued rebound, one should consider shorting around 3500 again. For tomorrow and the day after, one should wait for a 4-hour pullback before potentially going long on Ethereum again, as the bottom formation for Bitcoin has also appeared.