#比特币对比代币化黄金 Ethereum's recent price action is quite interesting—after the drop, it entered a consolidation phase, and the short-term moving averages have flattened out, indicating that bearish pressure is clearly weakening. The previous low at 2978 is holding strong, and bullish funds are continuously accumulating positions in this range. You can see how dense the lower shadows are on the candlesticks, which shows that the selling pressure below is gradually being absorbed.

At the current price level, opening long positions directly gives a chance to test the 3100 resistance. For risk control, it's safer to set your stop-loss just below the previous low. The initial upside target is 3100, and if that is broken smoothly, the next stop is 3150.

This kind of repeated bottoming often leads to explosive moves later. Just be patient and wait for the bulls to gain momentum—there’s no need to rush.