#数字货币市场洞察 $ETH We're currently in a rather awkward position. Trading volumes on Korean exchanges are dropping, but you'll notice that major coins like XRP and Ethereum still top the popularity charts—which means capital attention hasn't dispersed.

I looked through the recent liquidation data and found something interesting: In the past 24 hours, the scale of long liquidations in Ethereum far exceeded that of shorts, especially in the 4-hour and 12-hour timeframes. This wave of pullback directly wiped out a lot of long positions that were chasing the rally.

This kind of phenomenon usually suggests that market sentiment is shifting, but it hasn't fully reversed yet.

From a technical standpoint, two key price levels remain relevant: Can the price stay firmly above 3179 with strong volume? Will it break below 3157? The short-term trend basically depends on these two points. If it keeps swinging within the range, it's likely a flag pattern consolidation; but once it picks a side, volatility could increase significantly.

Right now, the market is a tug-of-war between bulls and bears. Before the direction becomes clear, don't rush to take big positions. It's better to wait for the price to give a clear signal before making a move.

Remember this: Until a key level is broken, all price moves could just be traps.