Ethereum is in a consolidation range on the 15-minute chart, but the trend is far from over. From the daily chart, ETH has successfully broken through the long-term downtrend channel, a signal that should not be ignored. In the medium term, a rise to 5000 is a reasonable target.

The key is how to enter. If the price retraces to the support level at 3186, that would be a pretty good opportunity to add positions. However, there is an important trading principle to emphasize—never chase the high. Many people frequently add to their positions during an upward move, often resulting in being caught in a trap. The correct approach is to be patient and wait until the price shows a clear rebound signal at 3186, then decisively increase your position. This will optimize your cost basis and make risk more manageable.