Market Analysis — ETH Compared to the broader market, ETH has broken its previous upward trend in the long-term major cycle. In the short-term major cycle, it shows signs of bottoming out after an oversold condition. Combining these factors, the current market indicates that the main consolidation zone for downward pressure has a need for a rebound. On the chart, this is reflected in the small cycle showing a bottoming structure that hasn’t broken through yet, while the major cycle continues to suppress downward movement, creating clear price stratification and limiting upward potential. Due to time constraints, I won’t go into too much detail. To sum it up in one sentence: after small-cycle consolidation, there’s a demand for a price surge, but this surge is limited by the prevailing bearish pressure. The key is to only enter during pullbacks for strategic trades—don’t chase the highs. Reference points are as follows: Short-term support: 3069–2970 (1:2 quick in and out), short-term resistance: 3333–3402, second resistance: 3510–3620 (after reaching this level, a pullback to around 3300 could be an entry point). ETH