Looking at the recent trend of Ethereum, after a large bullish candle surge, it has entered a high-level consolidation zone. The price has repeatedly tested the 0.168 level of the large bullish candle and then was quickly pulled back, indicating that the bulls are still in control. From a pattern perspective, this looks very much like a typical bullish flag — essentially a buildup.

Key level confirmation: 3270 is a must-watch support. If it breaks down effectively, the market will likely probe the next support zone at 3220-3170. Conversely, if it can hold above 3380, there’s a possibility of attacking the previous high. The price range in between offers limited trading opportunities, as the risk-reward ratio is quite average.

My suggestion is to set up ambush positions on both sides — place short orders above and long orders below, both with light positions to test the waters. Wait until the trend becomes clearer before making further moves.

Speaking of which, a few brothers and I were trading a clone coin that initially had a good rally, but we set stop-loss points too tight and missed out on that wave. It’s a bit regrettable. But no worries, just keep looking for the next opportunity — the market is full of them.