Recently, Ethereum's rebound looks quite promising, but caution is needed. From a technical perspective, around 3030 is a good entry point for long positions, aiming to push up to 3100. However, it's important to clarify—this upward movement is just a rebound; the true bottom reversal has not been confirmed yet.

Why do I say that? After so many days of consolidation, the gains haven't been significant; mainly, it has stabilized the bullish sentiment. But once it hits the 3100 resistance level, the opportunity to short will arise. Most likely, it will accelerate downward, and a waterfall decline could start at any time.

Therefore, short-term traders can consider going long between 3030 and 3100 to profit from the rebound. But never chase blindly; take profits or cut losses. Don't wait until 3100 is broken down before reacting. This level is very likely to be tested, but once the top is confirmed, the decline could accelerate rapidly.