ETH currently has a decent short opportunity, and the 3290 level is worth considering for positioning.
The key is whether 3238 can hold. If this line doesn't break, the bullish momentum remains strong, and we should continue looking for upside. The resistance levels above are arranged in order: 3307, 3357, 3397.
Conversely, once it breaks below 3238, there are signs of adjustment at the smaller timeframe. At that point, the support levels below become lifelines: 3200, 3155, 3117 - all these levels need attention.
In summary, it's all about trading around the 3238 line. There's a ceiling above and a floor below, and the market has to choose a direction eventually.
ETH currently has a decent short opportunity, and the 3290 level is worth considering for positioning.
The key is whether 3238 can hold. If this line doesn't break, the bullish momentum remains strong, and we should continue looking for upside. The resistance levels above are arranged in order: 3307, 3357, 3397.
Conversely, once it breaks below 3238, there are signs of adjustment at the smaller timeframe. At that point, the support levels below become lifelines: 3200, 3155, 3117 - all these levels need attention.
In summary, it's all about trading around the 3238 line. There's a ceiling above and a floor below, and the market has to choose a direction eventually.