ETH is currently in a state of technical rebound + institutional catalyst resonance. BlackRock's staking ETF launch is the most substantive fundamental event in the near term. Short-term overbought signals are evident, with significant resistance around $2,200, requiring a consolidation phase before potential continuation upwards. If considering adding positions, it's advisable to monitor support near $2,100 during pullbacks, with risk control referencing the $1,980 area (dense liquidation zone). The overall medium-term trend still needs an effective breakthrough above $2,200 for confirmation.