The Ethereum market has recently shown an increasing trend of Fluctuation, with the current price hovering around $3210. For traders who previously established short positions near this price level and set a stop loss at $3230, it may be time to consider attempting to short again. It is recommended to set the stop loss point at $3270; if the price breaks through this level, then a wait-and-see approach should be taken.

In the current market scenario, the shorting strategy remains a primary consideration. The stop loss range for each trade can be controlled within 10-20 points, and even though it may lead to some earlier profit giving back, it falls within an acceptable range of risk management.

Regarding the overall trend judgment, you can still refer to the target levels mentioned in our previous analysis. It is worth noting that the short positions established around 121800 USD for Bitcoin are still valid, and it is recommended to hold them.

The market trends change rapidly, and we will closely monitor the subsequent developments and provide updated analysis and advice in a timely manner. In this uncertain cryptocurrency market, it is crucial to maintain a cautious and flexible trading strategy.