$ETH Current price 1819. Over the past week, five days have had highs above 1800. The current sideways consolidation is mainly to clear out short-term profit-taking positions and pave the way for the rise. From a weekly-chart perspective, this rebound is far from finished. Before mid-August, please disable your short button. Only within the next three to four weeks will the rebound’s peak be reached. If you trade only intraday shorts, try to take long positions at lower levels instead of shorting. After the weekly chart closes again with a large bullish candle, then consider shorting opportunities—not now. Within the next three to four weeks, if a peak forms around 1940–2080, we can open a long-term short position and hold it for 1–2 months. Watch for the first take-profit when the previous low around 1500 breaks. Then exit everything near 1390, and afterwards reassess the chart to decide whether there is an opportunity to bottom-buy again.