Ethereum (ETH) has been performing strongly recently, and long positions are unstoppable. This trend has caught some investors off guard, and some people regret missing the opportunity to go long. Given the current market trend, some analysts suggest considering shorting with a Light Position in the range of 3720 to 3740, and setting the stop loss slightly above 3760.

However, it is worth noting the changes in the Bitcoin market dominance (BTC.D). If this indicator falls below 60%, it may signal a significant shift in the market landscape. In this scenario, Ether and other altcoins may see more opportunities for upward movement, influencing the direction of the cryptocurrency market.

The current cryptocurrency market is showing an overall rebound trend, and investors need to closely monitor the performance of various major coins, especially the shifting relationship between Ethereum and Bitcoin. This market dynamic not only affects short-term trading strategies but may also signal deeper changes within the cryptocurrency ecosystem.