From the ETH daily chart, the signs of a bottoming pattern are obvious. Since the decline stopped in November, the overall price has been oscillating within a range, repeatedly confirming the support level. The recent rebound is very likely to develop into a complete reversal trend. Observing the daily chart pattern, there is already a high probability of forming a triangle, with just one more peak needed to confirm it.

In the short term, the upward momentum remains sufficient, with at least one more wave of accelerated gains possible. It is still too early to rush into short positions now. The key area to watch is the 3250-3280 range above — which coincides with the upper boundary of the triangle. This zone acts like a ceiling; if the price rebounds here but fails to stabilize, it will send a clear signal to short.

My strategy is to wait until the price approaches this critical zone before considering an entry. There’s no need to rush into bottom-fishing or hurriedly build short positions. Patience and waiting for the right opportunity often lead to easier profits than impulsive decisions.