On the eve of major events, the crypto market always loves to play psychological games. Prices are waiting for news, and we need to watch the charts.

From the daily chart perspective, Ethereum is currently in a consolidation phase. Both bulls and bears are in a tug-of-war, and the true direction will depend on a confirmed signal. The key support levels are around 3200 to 3160 — this is an important recent support zone. #数字资产行情上升 If it can hold steady here, the bulls still have a chance.

The four-hour chart is even more interesting. If the price retraces to the 3210-3160 area, and at the same time, the candlesticks show signs of a bearish exhaustion (such as RSI becoming oversold and starting to flatten, or a bullish engulfing pattern appearing) — this could be a good long entry opportunity. Target above 3300.

The practical trading approach is as follows:
- Consider short-term longs around 3190-3160, with targets at 3320-3360
- Short positions can be taken around 3400-3360, with targets falling back to 3260-3220

$ETH $BTC Don’t ignore the correlation; during event periods, volatility may increase, so manage your risk carefully.