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The ETH market is showing a volatile consolidation trend, with intense Bull vs Bear Battle, and there is a risk of a pullback in the short term. The current price and short-term trend **.
Current price range: ETH is fluctuating around 3,500-3,565 USD, with a recent high of 3,610 USD and a low pullback to 3,505 USD.
Short-term trend: I believe that ETH is consolidating above $3,500, with the main force possibly accumulating around $3,525, and there is still potential for a rise afterward. However, the short-term MACD indicator shows weakening momentum, and the Bollinger Bands are narrowing, which may face a pullback. Research has recently sold **$107 million ETH**, but still holds **108,000 ETH**. The market needs to be cautious of large selling pressure.