Ethereum's recent trend has given us many signals. From a technical perspective, on the hourly and 4-hour charts, the price has already firmly stayed above the upper band of the Bollinger Bands, which is a good sign. More importantly, on the daily chart, all three Bollinger Bands are expanding upwards, with the middle and upper bands both rising. Under this situation, the risk of shorting is indeed very high.

For those who want to participate in short-term longs, my suggestion is to wait until the price is above 3200 before entering, with the closer to last week's high of 3300 being more advantageous. The current buying zone is around 3160-3150. If a smooth breakout occurs, targets can be set at 3200, 3250, and ultimately aiming for 3300. The stop-loss should be placed at 3130; if it breaks below this level, consider closing the position.

Keep your position at around 5% for safety. This is just my personal analysis; when making decisions, everyone should also consider their own risk tolerance.