Recently, many friends have been reporting that the ETH trend is hard to predict—price keeps oscillating around 3100, trying to fall but holding steady, wanting to rise but being pushed down. This kind of situation can really mess with traders' psychology. As a trader who has been watching the market for years, I think it's necessary to clarify the logic behind this wave of行情.

Speaking of recent ETH movements, it all boils down to two words: deadlock. A while ago, the price surged to the 3160-3170 range, looking promising, but then the bears suddenly gained strength and dumped the price, turning the rebound into a bubble. This isn't a one-time thing; it keeps happening repeatedly. Basically, the bulls are testing the upper space, while the bears are defending this range. Neither side has a clear advantage, so the 3150-3170 level has become a short-term resistance line.

Looking downward, the support zone around 3050-3070 still seems relatively stable. Several pullbacks have stopped here, indicating that funds are indeed stepping in, and the market has some consensus at this level. But there's a very noteworthy issue—trading volume is shrinking.

Don't underestimate trading volume; it determines the sustainability of the trend. Recently, daily volume has been decreasing day by day, directly revealing the market's true sentiment: everyone is on the sidelines, and no clear direction has formed. In this low-volume environment, any upward movement looks like a rebound, or even a fake move just to probe the top. So don't be fooled by short-term small gains into thinking the market is about to start moving.

From my years of experience with order book analysis, ETH hasn't yet given a clear directional signal. As long as the price stays below 3170, any upward push lacks credibility. If you want to participate, wait, wait some more—let the price and volume align better, and the signals will become clearer. Otherwise, you're just gambling, and trading is most forbidden to gamble.