1. Market Overview

According to the latest candlestick data, ETH's current closing price is 3113.33. Over the past 14 days, daily chart data shows that ETH has generally experienced wide-range oscillations upward, with the highest reaching 3308.86 and the lowest retracing to 2917.13. In the recent 48-hour hourly data, ETH has repeatedly attempted to break through the 3120-3140 range but was resisted and pulled back, with the short-term intraday low at 3054.65 and the high testing 3114.76, indicating intensified short-term bullish and bearish battles.
In terms of trading volume, the previous high daily average volume reached 520510, but recently, within 14 days, a volume contraction and consolidation phase has appeared. The latest closing volume is 1308.56, reflecting increased investor caution.
Market sentiment, based on analyst opinions, currently focuses on long strategies and rebound zones, but remains predominantly in structural oscillation. No obvious positive news or policy events have been observed, and market volatility mainly revolves around technical factors. Recent news related to the continuous expansion of the Ethereum ecosystem and staking yields has not yet caused a significant shift in capital flows.

2. Technical Analysis
On the technical side, first look at support/resistance levels: currently, ETH's main support zones are concentrated around 3088-3105, with an extreme support point at 3054.65 based on hourly candlesticks. Short-term resistance above is at 3140-3155; if broken, it may test the 3210-3224 area, with the highest resistance on the daily chart temporarily at 3308.86.
Trend judgment: since the rebound from the low of 2917.13 on the daily cycle, consecutive bullish candles indicate strong support below. Recent volatility has shifted upward, with 3113.33 significantly higher than the previous 2950-3000 range.
However, on the short-term hourly chart, after crossing above 3220, a correction has begun, with repeated oscillations between 3100-3140, and some high-level resistance phenomena are prominent, making quick breakthroughs difficult.
Volume-wise, recent two days' hourly volume has weakened, peaking during the 3090-3100 retracement phase, with no significant increase during subsequent rebounds.
Price-volume analysis shows that short-term upward momentum is somewhat insufficient; breaking through key resistance still requires more capital inflow.

3. News and Policy Interpretation
Related market news shows that recent expansion and technical upgrades of the Ethereum ecosystem have attracted industry attention. For example, "Ethereum has increased data capacity in the latest expansion adjustment," and "Ethereum blob limit increased to 21, enhancing network scalability." These messages are positive for long-term network congestion and application prospects but have not caused obvious short-term price resonance.
Other news such as "Grayscale dividends from Ethereum staking yields, first US spot ETP" indicate growing institutional recognition of Ethereum staking yields, but based on candlestick performance, no continuous large capital inflows are observed; prices are mainly driven by technical levels.
Policy-wise, there have been no new policy developments in the past day, week, or month, and no new actions in regional regulation, thus having no direct impact on short-term fluctuations.
The latest market news "TrueBit suspected of being attacked, with losses of $26.4 million" is related to the Ethereum ecosystem, but from hourly candlestick and volume observations, ETH has not shown significant abnormal movements, indicating market reaction is relatively muted.

4. Analyst Opinions
Analyst "Golden Hand" clearly states: "#ETH (limit order) EP: 3065-3025 TP: 3105-3155-3210-3380 SL: 2995 #ETH Long TP1 This wave of long and short positions is a win, brothers, are you satisfied?"
He emphasizes favoring long positions in the 3065-3105 range, with a stop loss at 2995, and targets at 3155, 3210, and even 3380, which aligns with the 3054.65-3140 fluctuation range on the candlestick chart.
"San Ma Ge" mentions: "ETH support at 3200 Tai Chi is in, 3088 was not touched, 2958 Tai Chi extreme, don’t think about it. ETH you guys manage costs well, automatically reaching 90700, I think some profit is still there."
This indicates a cautious optimism about support at 3088-3200 and suggests investors closely monitor extreme support levels and the retracement at the end of the wave.
Both analysts emphasize attempting long positions around 3100 with clear target levels, consistent with actual candlestick points at 3088, 3100, 3140, etc. There is no major divergence between analyst views and actual price movements.

5. Future Trend Prediction and Trading Suggestions
Based on current candlestick technical structure and volume-price matching, if ETH can maintain above 3088-3105 in the short term, it may attempt to test resistance at 3155-3210. If volume supports and expands, the next target could be the previous high of 3296-3308.
However, if it fails to effectively break above 3140 with increased volume, caution is needed for oscillation and a possible pullback to test 3065 and the extreme support below at 3054-3025.
Trading advice remains aligned with analyst long strategies: consider buying long positions at 3065-3105 with a stop loss at 2995. If extreme support is reached, moderate additional positions can be added. Take profits in stages at 3155, 3210, and 3380. Be alert at high resistance levels to exit positions promptly.

6. Risk Warning
Considering the actual candlestick movements, ETH's recent amplitude has significantly increased, with daily fluctuations exceeding 200 USD.
If prices break below 3054 or 3065, closely monitor the support at 3025 and even the limit at 2995.
Additionally, as volume continues to shrink, the probability of a large upward breakout diminishes, and market sentiment can quickly turn, risking sharp declines.
Lack of policy support and potential ecosystem attacks or capital flight could trigger deep retracements.
In summary, investors should strictly control risks, stagger positions around support and resistance levels, and pay attention to volume and sudden negative news that could impact short-term prices.