1. Market Overview Based on the provided candlestick data, the current latest market price of ETH is 3226.16 (derived from the closing price of the most recent daily K-line). Over the past 14 days, ETH has experienced significant fluctuations, with a low of 2716.04 and a high of 3447.44, showing a gradual rebound from lows to strength. Recent volatility has increased markedly, with short-term highs and lows continuously rising, and intra-day fluctuations exceeding $200 on some trading days. Additionally, from the trading volume on the candlesticks, the highest single-day volume in the past 14 days was 761680, with yesterday's volume at 49534.7, indicating short-term trading activity has fluctuated, with a slight recent decline. Market sentiment, based on the latest news, shows a generally bullish atmosphere driven by strong inflows into US stocks and crypto ETFs, new highs in Ethereum ETFs, institutional rotation and increased positions, all released during ETH's upward trend, correlating positively with price movements. Multiple news reports indicate that large holders and whales continue to accumulate ETH, with good market liquidity and optimistic sentiment. Analysts show strong divergence: several suggest short-term high-level short positions, while others support a long-term bullish outlook.

2. Technical Analysis Based on the daily K-line over the past 14 days, ETH initiated an upward trend from around 2716.04, continuously closing with bullish candles, quickly breaking through the 3000 mark, with a high reaching 3447.44. The current daily close has fallen back to 3226.16, without new highs, indicating a phase of correction. Key support levels are around the previous lows of 3090-3130 (daily lows), with strong support extending to the 3020-3040 range. Resistance levels primarily focus on the 3340-3360 zone (daily highs); if broken, it could target the historical high of 3447, with an extreme resistance at 3540 (as per analyst targets). In the past 48 hours, hourly K-line analysis shows the price gradually declining from around 3355, dipping to a low of 3212.44 before rebounding to approximately 3255, forming a weak oscillation pattern. During the pullback, hourly volume decreased from a high of 80411 to around 14358, indicating major traders may be slightly withdrawing funds. In the short term, the upward trend has weakened, with daily K-lines retreating from highs, suggesting a need for consolidation or retracement. However, the daily K remains above the lower boundary of the previous downtrend channel, maintaining a relatively strong medium-term trend. Technical patterns show an initial "W-bottom" structure forming; if the pullback does not break the core support, further upward momentum is possible.
3. News and Policy Interpretation Recent market news has been positive, including ETH ETF fund inflows reaching a six-week high, whales increasing holdings by over 934,000 ETH in three weeks, and mainstream exchanges increasing long positions, all during ETH's rise, with clear positive correlation to K-line movements. High-net-worth wallets continue to accumulate, liquidity has increased, and institutional rotation remains active, all boosting ETH prices. Some reports mention short-term floating losses, whale position adjustments, and large capital entering, indicating active management behind high-level consolidation. Regarding policies, data shows no significant new regulatory issues in the past month, with a neutral to slightly positive impact on the market.
4. Analyst Opinions Overall divergence exists among analysts: 1. "Golden Finger Making Money" suggests: "Click above to join the crypto channel #ETH (Order) ?EP: 3130-3090 TP: 3200-3280-3360-3540 SL: 3020," favoring aggressive long positions at lower levels with clear targets. 2. "Hammer Contract Trading" views: "ETH Direction: Long build-up: 3310-3285; Stop loss: 3270; Take profit: 3340-3360-3395; Entry flexible, no need to time the market. Existing short positions are in profit, betting on more ETH, with low stop-loss; aggressive traders can add more," supporting a bullish stance, emphasizing closing short positions at profit and advising staggered long entries. 3. "Da Piao Member Group" states: "ETH entry: around 3357-3500 for short, with stop loss and take profit updates at any time," recommending short positions at higher levels with dynamic stop-loss and take-profit adjustments. 4. "Shu Qin Member Group" says: "BTC and ETH long-term shorts are already entered, after rate cuts, expect a 2-week correction + observe for at least two weeks," taking a cautious bearish stance. 5. Another view from "Da Piao Member Group" states: "ETH weekly candle: 3 consecutive bullish candles, breaking downtrend channel, if support holds on pullback, expect continued rebound; daily candles: 4 bullish candles + volume breakout above the downtrend line, forming a W-bottom, target 3630; 4-hour chart: within an ascending channel, stable on the middle trendline, aiming to challenge the upper channel at 3550-3600," clearly bullish with targets above 3630. Overall, current market behavior aligns with bullish expectations; prices show high-level oscillations but no clear weakening signs. Short-term short suggestions primarily target high levels, indicating short-term guidance, while long positions focus on support levels below, reflecting a game of both sides.
5. Future Trend Prediction and Trading Suggestions Based on candlestick data and analyst opinions, ETH is expected to enter a high-level consolidation or structural correction phase shortly. Support levels are primarily at 3130-3090 (corresponding to multiple analysts' long entry points and candlestick lows), with strong support around 3020. Resistance levels are at 3340-3360; a volume breakout could target 3447-3550. If support fails at 3090, further decline may accelerate. Trading suggestions: Short-term traders should watch the 3130-3090 support zone; if signs of stabilization appear, consider trying long positions with stops below 3020. Existing longs can be gradually reduced or profit-taken around 3320-3360, with a bullish target at 3540-3630 if resistance is broken. Aggressive shorts can look for high short opportunities in the 3357-3500 range but must set strict stops and watch for rebounds at support levels. Holders are advised to monitor recent volume and support levels closely to avoid high-level pullbacks.
6. Risk Warning ETH is highly volatile in the short term, with a rapid rise from 2716.04 to 3447.44 and subsequent decline to 3226.16, showing a very wide fluctuation range. Hourly volume can fluctuate drastically, indicating main capital may shift at any time. If support at 3090 fails short-term, there is a risk of accelerated decline; if the high points do not break through 3340-3360, the consolidation trend will continue, increasing volatility. Market divergence between bulls and bears is intensifying; investors should strictly follow stop-loss rules, control positions, and prevent sharp corrections after a major rally. Overall, ETH maintains a medium- to long-term upward trend, but short-term high-level corrections are increasingly likely. Decisions should be based on actual support and resistance levels, volume, and individual risk tolerance. Related News Kevin O'Leary only supports Bitcoin and Ethereum, abandoning all other cryptocurrencies. Canadian entrepreneur and Shark Tank star Kevin O'Leary has reshaped his crypto strategy, announcing he now only invests in Bitcoin (BTC) and Ethereum (ETH). Source: TokenpostAI Historical forecast data display.