ETH is currently oscillating roughly in the range of ≈3200–3250. In the short term, technical signals across different timeframes are neutral to oscillating, with no strong trend confirmation.

Key points from the news:
According to on-chain monitoring, a whale has continued to increase their ETH short position to tens of millions of dollars, with an average opening price around $3136, indicating that the short side still has a rhythm of positioning.

Liquidation data suggests structural pressure:
Real-time liquidation heat maps show ETH experiencing liquidations around 3100, with some at the 3100 and 3050 levels. Such swings are often accompanied by high volatility and range-bound oscillations.
Short-term market technical indicators are mixed, showing no clear dominance by bulls or bears.

Technical structure assessment:
Short-term resistance above ETH is concentrated around the ≈3250–3300 zone.
Key support levels to watch are around ≈3100–3050.
This indicates that the short-term remains a range-bound game; a breakout is needed to confirm the trend.

Main idea: Range-bound oscillation within the zone.
A rebound to the upper pressure near 3260-3250 can be used to set up a light short position, targeting around 3180.