The Ethereum market has shown confusing performance recently. While Bitcoin has fallen below the 120,000 mark, indicating that the overall market may continue to decline, Ethereum has demonstrated a certain level of resistance to falling. This asynchronous trend requires market participants to formulate trading strategies with greater caution.

Currently, we can see a slight rebound in Ethereum near a key position. However, from the overall trend, I still maintain a bearish attitude. If Ethereum rebounds around 4370, this could be an ideal shorting opportunity.

It is worth noting that market trends are not static. The current bearish trend may continue for a while, but we also need to stay alert to changes in the market and be prepared for a potential bullish trend. In this rapidly changing cryptocurrency market, it is crucial to adjust strategies flexibly.

For traders, it is important to remain objective and calm, closely monitoring market indicators and various influencing factors. One should not be easily swayed by short-term fluctuations, but rather focus on longer-term market trends. At the same time, it is essential to keep in mind the importance of risk management, setting reasonable stop-loss levels to cope with market uncertainties.

Overall, in the current market environment, maintaining vigilance and flexibility is key. Whether choosing to short or wait and see, it is essential to base decisions on thorough market analysis and personal risk tolerance. Let's continue to pay attention to market trends and look for potential trading opportunities.