Looking at the overall market data, Ether and BTC are still in a downtrend channel, and multiple upward attempts have been ineffective. Moreover, ETH is converging; if the green line breaks, we will increase the position on our short order, with the first target at the lower edge of the channel at 3680. I still insist that there will be a pullback soon, with BTC possibly reaching 114 and Ether at least 3500, but whether there will be another rebound before the pullback needs to wait for the market data to play out. Therefore, we can take profit on most of the position at 3680 and wait for a rebound to continue increasing the position on the short order. If tonight we first break upward from the downtrend channel, we will go long accordingly and wait to enter a short order near 3920 at 120,000 Ether. That means the rebound has appeared earlier. The higher it bounces, the more it can fall sharply. Free sharing does not provide any investment advice! Manage your own stop loss.