Ethereum's recent performance has indeed been very strong. Let's review this wave of market movement—initially rising steadily over 8 days, finally breaking through the 260-point high. Then, in less than 48 hours, it sharply dropped by 130 points, a pace that can only be described as extremely fast.

Market sentiment has clearly shifted, and many traders still hold short positions. I sincerely recommend taking advantage of the rebound to exit at a suitable position. Continuing to be aggressively short in this kind of market carries significant risk.

From a technical perspective, traders who entered long positions around the 3126 level have already seen resistance near 3256. The current strategy is very clear: take some profits to secure capital, and keep the remaining positions to follow the upward trend. After all, once a trend gets going smoothly, you need to ride this wave to the fullest.