From the current position, if all goes well, Ethereum is expected to stabilize around 3020 to find support, followed by a potential rebound opportunity.

What really needs attention is the range between 3420 and 3720 — this market will be quite exciting, with frequent ups and downs. Currently, we are roughly halfway up the mountain, with two possible scenarios: either a bottoming out or a continued upward trend.

In terms of mindset, it's important to find a balance: don't be overly pessimistic and constantly bearish, but also don't be too optimistic thinking the bull market has returned — right now, it's more like a rebound, and a true reversal has not yet been established.

The safest advice is to avoid blindly shorting when there's no clear signal, especially in such volatile markets. Waiting for clearer signals before taking action might be the smarter approach.