$ETH ETH is currently hovering around 3290 today. The overall market is weak, and the short-term trend is clearly downward. There is some room for a rebound, but the risk of a pullback could be triggered at any time.

1. Technically, the first support level below is around 3250–3260, which must be defended. If it fails, such as breaking below 3225, then attention should be on the support levels at 3180–3190 and below.

2. Looking upward, the initial resistance is around 3315, and the upward space is limited. Even if it breaks through 3315, it will face strong resistance at 3345–3350. Only a strong hold above 3345 could open the chance to see resistance levels at 3360–3380.

3. Personally, I think overall, we are in a consolidation phase, with the space being blocked—there's resistance overhead and support below. The true breakout direction has not yet appeared. Let's see what happens next, and consider getting on board again.