ETH has been performing really strongly recently. The daily chart has seen eight consecutive days of higher lows, the 60-day moving average has been broken, and the MACD has also moved above the zero line—these are typical signals of a trend reversal to strength. Therefore, at this stage, the correction should be used for long positions, and don't think about shorting.

From a Chan theory perspective, ETH is currently in the third wave of a daily rebound within a weekly correction, with the target range stuck between 3360 and 3460. The key next step is to wait for a four-hour correction to appear; it is expected that we will see some action by tomorrow. There will be updated strategic ideas then.

In summary, stay patient and wait for a correction signal.