The overall trend of ETH is still running within my original judgment framework. The key support level I provided yesterday around 3050 proved accurate, with the intraday low touching 3052 with minimal deviation. While we can't call it perfectly precise, the structure and rhythm are basically consistent.

From a small timeframe structural perspective, the price has shown clear signs of halting the decline and stabilizing at low levels, providing a solid foundation for continued short-term rebound. I anticipate the target range for this round of rebound to be above 3200, with 3208 being a key focus level. This position represents the previous swing high zone and is the primary target for this round of long positions. As for whether conditions exist for further breakout and sustained holding above this level, this requires confirmation through volume and structure, which I will reassess accordingly.

Near-term strategy remains unchanged: holders of long positions should maintain stop losses at breakeven as a prerequisite while continuing to observe the release of rebound space.