Ethereum has recently been undergoing short-term oscillation adjustments, but this is nothing new — there are no signs of a change in the overall bullish trend.

From a technical perspective, short-term indicators are indeed a bit weak, but looking back at the upward trajectories of the previous three waves, the trend remains quite clear. This wave of correction is well within expectations, and based on the current rhythm, there is a high likelihood of a rebound today.

For trading, a few key levels are worth monitoring: resistance above at 3180, which is the first level to break through. The support line below is set at 3070, and further down is the final bottom support at 3050 — this level is very critical. If the price can continue to move upward, the target range is between 3180 and 3230. Short-term fluctuations should not be over-interpreted; the medium-term directional judgment is the key to determining success or failure.