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Ethereum's trading volume has shown a significant anomaly in the last half hour, with transaction volume surging over 312%. Such sudden volume amplification often signals that the market is about to make a move.
As of the observation point, ETH price is fluctuating around 3121.91 USDT. From a technical perspective, short-term support is relatively clear—key support level is locked at 3132.58, only 0.31% away from the current price, with a support zone between 3123.01 and 3132.58 serving as a buffer.
Considering the sharp increase in trading volume, many traders are beginning to focus on long opportunities in this area. A common approach is to place buy orders around 3132.58, with the target resistance near 3221.0. Of course, such short-term operations require close monitoring of subsequent trends—whether the volume can be sustained, and whether the price truly rebounds at the support level—all of which are crucial to the effectiveness of the strategy.