ETH is currently in a high-level consolidation phase after a volatile upward movement. After a volume-driven surge earlier, it pulled back to digest the gains at a high level, but the overall structure remains intact. The pullback is mainly a technical correction after the rise. As long as the key support below holds, the trend remains bullish. $BNB $XRP $SOL

From the indicators, the upper Bollinger Band is around 3186, the middle band is at 3150, and the lower band is at 3109. The middle band is moving upward, and the price is oscillating around the middle and upper bands. The upper band is flat, indicating short-term consolidation, but the middle and lower bands are rising, so the bullish trend is still in place. A pullback that does not break the middle band indicates strong consolidation; a volume-spiked breakdown warrants caution for a potential decline. The MACD is above the zero line, with the momentum histogram shortening but not turning green, indicating a high-level pause or correction. After volume decreases, there is still upward momentum; a volume spike turning green and breaking below zero would signal a weakening trend.
In terms of trading, long positions can be entered around 3110 - 3080, targeting 3180 - 3250, with a stop loss below 3050; short positions can be entered around 3225 - 3250, targeting 3150 - 3100, with a stop loss above 3270. Currently, ETH is in a high-level oscillation phase, not a trend reversal. Do not chase the market or act emotionally. Strict risk control and patience are key! If you find this useful, please follow and save~