After Ethereum's large rally at noon again, it is also following closely behind, currently stabilizing at 3200. What should we do next?

First, it is important to understand that the peak in a bull market cannot be guessed, but rather must be analyzed based on structural trends. Especially in a situation like this, where it has reached the expected pullback position of an upward structure, who can say that just because it has reached this position, it will definitely pull back? Although the risks of going long will increase, it is not wise to hastily go short.

In a bull market, going long is always the main strategy. Currently, from a medium to long-term perspective, the expected position for the next wave of upward movement is between 3500-3700, but in the short term, there is a high probability that there will still be market activity, so it is advisable to set a stop-loss position.

Short positions can focus on the 15-minute K-line structure, waiting for the bearish structure to appear, which means considering shorting after a downward breakthrough of 3140.