Ethereum’s weekly chart currently has several key takeaways:

1. Weekly bottom divergence
2. Significantly deviating from the upper MA60 (making it easy to see a pin-bar V-reversal that repairs part of the move)
3. A monthly-level exchange-rate ratio—soon forming a W pattern (later, it will likely outperform BTC)

From this, we can see that

In the 1400–1500 area,
it’s better not to open short positions,
because you’ll be more likely to end up shorting the lowest region of the entire structure.