#以太坊大户持仓变化 Recently, Ethereum's performance has been quite impressive. After stabilizing at the key level of $3120, the price has started to follow Bitcoin's momentum, breaking through resistance levels at $3200 and $3220 in one go, and even approaching $3299 at one point, just shy of the $3300 mark. The bulls are indeed very strong.

However, the market has now entered a phase of confirmation of the upward move, and a short-term pullback is quite normal. Interestingly, the price has stabilized at the 50% Fibonacci retracement level of the rally from $3181 to $3299. It is still firmly above $3220 and has not broken below the 100-hour simple moving average. This indicates that the support below is still quite solid.

From the hourly chart, the bulls have quietly drawn a very important upward trendline, and the $3200 level now acts like a defensive line, providing decent protection.

If this line can hold, Ethereum may have the opportunity to continue its offensive. Based on the current technical pattern, it is expected to sequentially challenge the levels at $3265 and $3280, with each breakthrough bringing the $3300 target closer.