What is the outlook for ETH tonight? Let's analyze directly.

The second pattern wants to return to the inside of the triangle for consolidation, which is easier to say than to do. To re-establish stability within the triangle, the first step is to break through the resistance at 2983. As long as we hold above 2983, there’s a chance to continue upward, targeting the previous high of 3009, and beyond that, the key previous level at 3055.

But here’s the problem—if we can't break above 2983, any discussion is pointless. The neckline at 2962 is critical; a break below would damage the bullish trend, and the market could turn back to a correction. Currently, 2962 is still acting as support. Although the price has been slowly rising recently, look at the volume—it's completely shrinking. Can a move up continue with decreasing volume? No, without volume, further gains are impossible—that's an iron law.

In terms of trading strategy, wait for the second pattern to break through 2983 with volume before considering long entries on the right side. Conversely, if it drops below 2962 with volume, consider short entries on the right side. The key is to monitor volume changes carefully, and stop-losses must be set properly.

From different timeframes, as long as the hourly chart stays above 2983, the upward target is in the 3009-3055 range. On the 4-hour chart, if it falls below 2959, look for support at 2909-2866.

Currently, it’s in a consolidation phase, with no special trading opportunities. Be patient and wait for the second pattern to choose a direction; what’s meant to come will come.