ETH's movement this wave is still interesting. Short-term volatility and consolidation is happening, but looking at the mid-term structure, there are no signs of change in the uptrend momentum.

From a technical perspective, while short-term indicators are relatively weak, the three previous wave segments show a very clear uptrend. This current movement also aligns with expectations. Based on the current pace, there's likely to be a move around 3110 at 5 PM Eastern Time today.

For operation reference, focus on these key levels: 3120 is the first resistance above, the defense level going down is at 3070, and the final support baseline is at 3050. If it continues higher, targets point to the 3180-3200 range. Don't panic over short-term fluctuations—the mid-term direction is what matters.