Ethereum $ETH broke through its trendline yesterday, hitting resistance around 4500 before retreating. If it holds near the trendline during the day, there's hope for a rebound. However, as long as the rebound doesn't break above 4500, I'm not particularly tempted to buy back into spot trading.
Because upward potential is limited, it's either going to rise with greater certainty or with more room, such as below 4100. With so little room now, I'm not planning on buying back into spot Ether. I'll wait and see.