ETH has recently shown a clear divergence trend. The resistance level above is around 3190-3220. If this range is broken, there is room for further upward movement. However, the downside support appears to be relatively fragile—once the 3050 line is breached, it may directly probe towards 2850.

From a technical perspective, the current consolidation has lasted for some time, and the market is brewing a direction choice. In the short term, the short positions held around 3157 face a decision: either continue to hold and wait for a downward confirmation or take profits early. The strategic adjustment at this level depends on the subsequent market reaction. It is also possible that if clear directional signals emerge later, new trading opportunities will arise. Overall, ETH is currently at a relatively critical stage, and close attention should be paid to the performance of these two key price levels.