I bet a lot of people’s inboxes blew up early yesterday. Honestly, given the current market conditions, thinking about bottom-fishing? Sure, but you have to dip your toes in lightly with a small position.

You need to be clear about one thing—this move is just to skim some soup off a minor rebound, don’t get yourself confused. Once a trend sets in, turning around? Not easy.

The main theme right now is still shorting on rallies.

How do I see ETH today? My take is: watch for a rebound up to around 2860, then consider entering a short position. Don’t be too stingy with your stop-loss, set it wider at around 2915, and work out your position size based on your risk tolerance. For targets, keep an eye on 2780 first—once it hits, you should at least trim some of your position. That’s just basic respect for the market.

One more reminder: never go all-in with heavy positions when trying to catch a rebound!

Just my personal opinion for discussion only, not investment advice.