I. Market Overview

Based on the latest daily and hourly candlestick data, ETH's current market price is 3313.64 (taken from the latest daily closing price, consistent with the most recent hourly candlestick). Over the past 14 days, ETH has shown a wide upward oscillation trend. The price has fluctuated within the 3090-3418 range, with the low at 3090.8 and the high once climbing above 3397.85. Large trades and daily average trading volume have expanded several times, especially during rapid price surges. The highest daily volume nearly reached 761,600 (see the daily candlestick near 2799.07 in the past 14 days), indicating signs of strong capital inflow. In the past 48 hours, the hourly candlestick shows a clear short-term rebound followed by sideways movement. The price broke through the 3300 mark several times, reaching a high of 3397.85 before pulling back and fluctuating. In terms of trading volume, the highest in the past 9 hours appeared in the 3366.02-3375.23 range, exceeding 96,000, indicating ongoing tug-of-war between bulls and bears. According to analysts and news reports, the current market sentiment is relatively bullish. Comments such as “If ETH can break out strongly, it may outperform Bitcoin” and “ETH double-sided wins, another big victory!” reflect short-term bullish optimism. However, there are also conservative signals, such as “ETH short position almost triggered stop-loss; will exit if triggered later.” Overall sentiment remains mainly bullish, though some local risk warnings exist.

II. Technical Analysis

Daily candlestick data shows that ETH has been steadily rising over the past two weeks, with higher lows and multiple days closing positive. The strongest resistance is around 3397.85 (the highest in the past two days), with support at 3090.8 and the recent correction low of 3021.77. The current price is above the median of the range, having closed above 3300 for three consecutive days, indicating bullish control. On the hourly chart, from 3245 to 3375, there have been rapid short-term surges and several sharp swings, with the largest gains accompanied by sustained increases in trading volume, especially during the breakout from 3245.88 to 3366.02 when volume exceeded 95,000. Short-term resistance is concentrated in the 3328-3340 zone; if broken, a move toward 3397 is likely. Support is found at the recent consolidation platform near 3300, as well as lower short-term defense at 3245 and 3220. Comparing trading volumes, daily volumes have increased during price rises, indicating continued capital inflow. During high-level consolidation, volumes have not shrunk significantly, suggesting profit-taking pressure has yet to materialize and the market remains active.

III. News and Policy Interpretation

Related news shows that both Bitcoin and Ethereum hit new highs overnight, with ETH up as much as 7% in a single day, peaking at $3370, matching the candlestick high. There are also reports that BlackRock has filed for a staked Ethereum ETF, sparking renewed interest in ETH spot prices and regulatory yield on-chain, creating positive market expectations. Additionally, Bitwise's multi-asset ETF launch and news such as “ETH price can hold $3,000 for the long term, an important support in the broader bull market” have further boosted market confidence. On the policy front, the latest data shows “no major policy updates” in the past 24 hours, week, or month, indicating that external regulatory risk has not worsened in the short term. Overall, news events are closely related to ETH price movements; significant positive news has driven collective rallies, while a stable policy environment is favorable for continued market development.

IV. Analyst Opinions

Summarizing analysts’ original remarks:
- “If ETH can break out strongly, it may outperform Bitcoin.”
- “ETH double-sided wins, another big victory! We don’t chase profits… we hunt them!”
- “ETH short position almost triggered stop-loss; will exit if triggered later.”
- “#eth Ethereum is under pressure from a downtrend line! Beware of downside risk if 3060 is broken!”

These opinions generally align with the current candlestick trends. Recently, ETH has outperformed BTC, especially after consecutive breakouts and holding the 3300-3310 area. Notably, some analysts warn of risks below 3060; a confirmed break could lead to further downside. However, there is no clear breakdown on the daily or hourly charts, and mainstream views remain bullish.

V. Future Trend Forecast and Trading Suggestions

Technically, if the current price holds above the 3310-3320 range, a breakout of the 3328-3340 strong resistance zone is likely, with potential to test the recent highs at 3397.85 and the 3400 mark. A successful breakout could challenge previous highs at 3417-3418. If the rally falters, pullbacks to 3300 or 3245 will be key. Medium-term main support lies in the 3090–3021 area (recent correction lows).

Trading suggestions: Short-term traders can look for breakout opportunities in the 3320-3340 range. If the range is broken with expanding volume, consider following with long positions, targeting above 3400. If price falls below 3300 and 3245, beware of a pullback risk near the key support at 3090, with stop-loss suggested in the 3090–3060 range.

VI. Risk Warning

The overall market is highly volatile, with daily candlesticks showing intraday swings exceeding $300, often accompanied by extreme spikes in trading volume. This indicates frequent operations by large players and potential for sharp price moves. The 3328-3397 area is a short-term resistance zone; without a volume breakout, a pullback may occur at any time. Support is at 3090 and 3021; if a long bearish candle or sudden volume spike occurs, strictly control positions and stop-losses. Beware of high volatility risks due to rapid shifts in market sentiment.

In summary, ETH remains short-term bullish, but close attention should be paid to key support and resistance levels and capital flows. Position sizing should be managed prudently in anticipation of potential sharp fluctuations.