Based on the current chart, Ethereum has gradually stabilized after consecutive pullbacks, with short-term support becoming clearer. The 2280-2260 range has been a zone of multiple previous supports and is also a key support area in the short-term structure. The nighttime decline did not form an effective breakdown, indicating that the bearish momentum is insufficient, and it is more likely a shakeout and consolidation.

From the rhythm perspective, the hourly level has already shown signs of a bottoming out, with higher lows and weakening bearish momentum. If the price revisits the 2280-2260 range again in the morning without breaking below, consider gradually entering long positions.

Operationally, it is recommended to enter longs in batches around 2280-2260. When opportunities arise, gradually build positions. Watch the 2240 level for support; if broken, the current strategy is temporarily invalid. The initial target for the upside is the 2320-2350 range, with a stronger move potentially toward the previous high.

Overall, the current trend is not a clear breakout but more of a range-bound oscillation. Avoid chasing highs or selling lows. Be patient, wait for pullbacks to provide entry opportunities, control your position size, and focus on steady progress.