Previously, I predicted that $ETH would have room to rise, but I really didn't expect this round of upward movement to be so direct.

After the price touched the resistance area, there was a pullback, but the support below is obviously solid, indicating that the bulls still have strength left. From a technical perspective, 3150 is an important support at the daily level, while attention should be paid to the 3300 barrier above. If 3350 can be effectively broken through and held, then 3530 will become the next target worth looking forward to.

The distribution phase of this round is basically over, and now we are entering a consolidation and recovery stage, accumulating momentum for a rebound. Thinking back to the two quick recoveries after breaking below 2850, it's clear that the chip density and support strength at this position should not be underestimated.

For the upcoming market, I will continue to monitor and make appropriate arrangements.