Ethereum Morning Technical Brief.

Traders who have already opened positions: continue to hold your long positions, and it would be more prudent to move your stop-loss below 3110. Consider taking partial profits in batches between 3220 and 3240; if the opportunity arises, lock in gains.

For those who haven't entered yet: avoid chasing the high. If the price retraces to around 3150-3160 and stabilizes, you can try a small long position with a stop-loss below 3100, targeting 3200-3220. Another approach is to wait for a volume breakout above the 3220-3240 range, then enter with a small position, with a stop-loss below 3180, aiming for higher targets around 3260-3280.

The overall trend remains bullish and has not been broken. Currently, the price is oscillating within the 3180-3220 range. The key is whether 3180 can hold, and then observe if 3220-3240 can be genuinely broken with volume. Without sufficient volume, a retest of 3160 is likely.

From a technical perspective: the daily chart maintains a bullish configuration. The RSI on the hourly and 4-hour charts is not yet overbought, currently around 55-60, indicating a neutral to slightly strong level, with no obvious divergence.

Support levels are around 3180-3190, with resistance above at 3260-3280.