Ethereum has proposed two possible trend directions in the early analysis. One is a rebound to the high point followed by a pullback, and the other is a direct downward plunge. Based on the current market situation, the second path is unfolding—lack of rebound strength and rapid dive. Since this direction has been confirmed, the short strategy will remain on hold for now, waiting for a small-scale reversal signal to re-enter and go long. In fact, even if the market continues to weaken later, there will still be at least one rebound opportunity before a true downtrend cycle begins.

From a technical perspective, the hourly level is likely to accelerate its bottoming process. The probability of completely breaking below the 3000 level is not high; it is more likely to dip down to around 3050. This position is also a key point for our planned long entry. If we can catch a long position in this area, the profit potential for the next rebound could be around 200 points, with a quite attractive return rate. This level is also the upper boundary of the previous breakout zone, providing clear technical support, making it difficult to break below again in the short term.