1. Market Overview

Based on the latest daily and hourly candlestick data, the current ETH market shows a oscillating upward trend. The latest closing price is 3126.7 USDT (corresponding to the latest K-line close value). Over the past 14 days, ETH price has risen from a low of 2891.20 USDT (appearing on the 10th trading day), experiencing a steady rebound and multiple breakthroughs above the 3100 USDT mark in recent trading days. The daily chart indicates a significant increase in volume this week, with the maximum daily trading volume reaching 319,839 coins (on the 6th trading day), suggesting that buying pressure is gradually strengthening. From the 48-hour hourly candlestick analysis, ETH has maintained a slight fluctuation within the 3100 to 3135 range, repeatedly probing above 3130 USDT, with short-term volatility being strong, but the overall center of gravity gradually rising. Regarding market sentiment, analyst opinions and mainstream news mostly predict upward movement, showing short-term optimism. Mainstream media reports such as “capital flowing back,” “institutional accumulation,” “ETF inflows,” etc., create a clearly positive atmosphere. Analysts’ strategic advice on key levels focuses on bullish positioning, phased profit-taking, and flexible responses. No active adverse policy information indicates a low risk of policy disruptions to the market.

2. Technical Analysis
1. Support and Resistance Analysis
Combining daily and hourly candlestick data, ETH’s main support levels are concentrated in the 3040-3090 range. Hourly charts confirm support around 3090-3100 multiple times, with each dip being met with buy support; on the daily level, the key support is at 3020 USDT (consistent with analyst stop-loss suggestions and short-term lows). Resistance levels over the past 48 hours are mostly between 3131-3136.71, with historical 14-day high points at 3150.01 and 3136.71 USDT, representing short-term major resistance zones. If ETH can effectively break through 3150, further upside potential is expected.

2. Trends and Patterns
The 14-day candlestick shows a bottom-up structure, with lows gradually rising from 2891.20 to the current 3076. Recent 5-day performance indicates a rapid rebound, breaking through the 3000 mark decisively. Within 48 hours, the price’s center of gravity has stabilized above 3100, with MACD and momentum indicators (estimated from the high-low sequence of candlesticks) further reinforcing an upward trend. Volume analysis shows that the largest trading volume occurs at market highs, indicating good volume-price cooperation. However, narrowing intra-day fluctuation ranges suggest short-term consolidation, requiring vigilance against false breakouts.

3. News and Policy Interpretation
Recent news mainly revolves around increased ETH staking, ETF capital flows, large whale transfers, and market structural changes. For example, Bitmine’s accumulated staking of over 460,000 ETH (corresponding to intraday rebounds in ETH prices) and large whale withdrawals and reflows have occurred during volume-increasing and price-raising phases, indicating that major capital inflows are directly supporting the trend. Additionally, news of institutional accumulation and ETF inflows, when compared with data, align with recent volume surges and price increases. On the policy front, there have been no new market regulatory or adverse policy announcements in the past 24 hours, past week, or past month, providing a favorable external environment for ETH’s stable upward movement.

4. Analyst Opinions
Analyst views are generally consistent with actual market performance, with clear strategic guidance:
- “ETH Direction: Build positions around 3090-3040, stop-loss at 3020, take profit at 3120-3150-3180, enter flexibly without precise timing.” The short-term long target area is close to the first take-profit level, with the current closing price already touching and stabilizing above 3120. Under the second take-profit at 3150, the strategy remains highly reasonable.
- “EP: 3005-2975, TP: 3050-3110-3170-3230, SL: 2945” provides more detailed phased profit-taking suggestions, with overall targets in the historical resistance zones, combining short-term and swing trading guidance.
- “ETH long around 3010-3040, SL at 2980” emphasizes buying on dips, consistent with hourly lows and support levels, closely matching actual trading trends.
It should be noted that so far, all predefined entry zones by analysts have been covered by market prices, and the actual trend aligns completely with mainstream short-term bullish expectations. Near high levels, attention should be paid to flexible profit protection, as suggested by analysts.

5. Future Trend Prediction and Trading Suggestions
Based on daily and hourly trends, ETH shows a structural upward movement. If volume can break through resistance levels at 3136 and 3150, a new round of volume-driven upward movement is expected, with short-term targets around 3150-3180, and a breakout for the wave could target 3230. If resistance causes a pullback, support levels at 3090-3100 are critical; breaking below could test 3040 or even 3020. Trading recommendations:
1. For long holders, consider taking partial profits around 3120-3150, protect positions, and lock in gains; if volume increases and breaks 3150, consider adding positions targeting 3180-3230.
2. For those not yet in the market, avoid chasing high; wait for a pullback to 3100-3090 to attempt entry, with strict stop-loss at 3040-3020.
3. Follow analyst suggested zones, adjust stop-loss flexibly, and lock in profits.

6. Risk Warning
Based on candlestick performance, although the overall trend is upward, short-term fluctuations are intense, with hourly volatility approaching 22 points and high intraday amplitude. If the market suddenly shows high-volume declining candles and effectively breaks below 3090-3040 support, caution is needed for accelerated pullback risk. Large position changes by major players and whale movements may also trigger amplified price swings. Investors should be vigilant about position management and technical stop-loss. In summary, ETH is currently in an upward channel, with technical and news factors resonating, dominated by bulls, but close attention should be paid to the validity of the 3100-3090 support and strict risk control to manage potential pullbacks.