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Ethereum's recent performance has indeed been a bit frustrating. If ETH cannot hold above the 3300 support level, then shorting at high levels becomes particularly crucial.
The current trading strategy is actually quite clear: with obvious resistance above, go short at high levels. Wait until the price drops to the support level below, then enter a small long position to hedge risk. This approach is simple and straightforward, but effective.
The key is whether ETH can hold this range. It will either break upward or retest the support below. Market conditions change rapidly, and market sentiment is constantly shifting, so it’s important to keep a close eye on the market movements.
Many traders are now watching how this wave of market will develop, especially those who have built positions around 3300, and they are definitely feeling anxious. But from a technical perspective, this high short and low long rhythm can still be maintained.