1. Market Overview

According to the latest candlestick data, the current market price of ETH is $3,096.04, derived from the closing price of the most recent daily candlestick. Over the past 14 days, ETH has shown a clear high-level oscillation trend, with the price ranging between $3,065.55 and $3,296.84. In the last 7 days, ETH has retreated from the stage high of $3,296.84, hovering for several days between $3,100 and $3,170, indicating repeated tug-of-war around the $3,200 level between bulls and bears. Meanwhile, the daily average trading volume has fluctuated significantly, with peaks reaching 272,697 coins and lows close to 56,294 coins, reflecting market sentiment volatility. Combining the 48-hour candlestick analysis, ETH's price center has moved noticeably downward, currently fluctuating slightly between $3,090 and $3,120, with a narrowing range. In the past 12 hours, the highest price was $3,098.96, and the lowest was $3,088.47, with no significant volume increase, indicating short-term market hesitation. From news and analyst perspectives, although the market holds high hopes for ETH's long-term trend, short-term confidence appears somewhat lacking, with increased divergence between bullish and bearish views, mainly focusing on the breakout around $3,200 and the validity of the support below at $3,000.

2. Technical Analysis
Based on data calculations, the high point of ETH over the past 14 trading days was $3,296.84 (14 days ago), and the low was $3,065.55 (latest daily K). Key support levels are around $3,004.19 and $3,065.55, with strong resistance between $3,168.72 and $3,171.49. Short-term hourly analysis shows ETH has failed to effectively break through $3,098.96 for several hours, with the price repeatedly touching the $3,092 to $3,107 range before pulling back, indicating persistent upward pressure. Volume analysis shows that the maximum hourly volume once reached 27,213.3 coins, but recent volumes have been subdued, with supply and demand forces approaching equilibrium. Overall trend shows ETH's daily candlestick has closed around $3,100 for four consecutive days, forming a short-term sideways or slight pullback pattern after a decline. If the price cannot hold above $3,090, support levels at $3,065 and $3,004 may be tested. A breakout above $3,120 would require attention to resistance zones at $3,171 and even $3,184.

3. News and Policy Interpretation
On the news front, recent public opinion focuses on whether ETH can effectively break through $3,200. Market news indicates ETH rebounded from $3,000, but faces significant selling pressure at $3,200, making the breakout direction crucial for medium- and long-term trends. Some analyses predict that if ETH breaks $3,350, it could challenge the $4,000–$7,000 range, but such statements are far from current candlestick performance, as no breakout signals are evident. Recent news about USDC burns and Tether freezing USDT, while not directly impacting short-term ETH prices, reflect industry cleanup and liquidity tightening, indirectly heightening investor caution. Policy-wise, no major positive or negative policies have been announced recently; market fluctuations are mainly influenced by macro capital flows and investor sentiment.

4. Analyst Opinions
Diverging views among analysts are as follows:
- Spike Trading is bullish: "Double the position here, reduce holdings #ETH两倍拿下”，表达对中长期持有信心。- "
Crypto sniper's specific operation zone: "Bullish buy at 3028–2998, TP1: 3058, TP2: 3088, TP3: 3148, TP4: 3218, conservative stop-loss at 2944." It is recommended to rely on the $3,000 level for short-term long positions, with the first target at $3,088 (slightly higher now), and higher targets at $3,148–$3,218.
- Sanma Ge's contract member group emphasizes support at the $3,108 and $3,000 levels, with clear resistance above $3,170; they believe the short-term will mainly be sideways or slightly corrective at high levels.
- Feiyang member group suggests "Long entry points: 3080–3090; stop-loss at 3035; take profit at 3217," consistent with actual candlestick support and resistance levels.
- Cross-checking with candlestick data, recent prices have tested the 3090–3096 range multiple times; analysts' suggested ranges are consistent, and short-term stop-loss and take-profit strategies are practically feasible.

5. Future Trend Prediction and Trading Suggestions
Based on current candlestick patterns and analyst zones, ETH is expected to remain in short-term consolidation, within the range of $3,065–$3,171. If the $3,090 level breaks downward, close attention should be paid to the strong supports at $3,065 and $3,004; further breakdown could trigger short-term stops, so caution is advised. If bulls regain momentum, focus on the breakout above $3,120–$3,171. An effective breakout with volume support could open space toward $3,184 and even $3,296. Otherwise, the risk of pullback increases, and short-term leverage should be controlled, with low positions at $3,000–$3,065. Short-term longs can consider the $3,080–$3,090 range, with stops at $3,035, and the next key resistance at $3,148–$3,171, with take profit at $3,217. Adjust positions flexibly according to personal risk appetite.

6. Risk Warning
Current market volatility is evident, with a maximum fluctuation exceeding 7% within 14 days, and hourly candlesticks frequently showing tug-of-war consolidation. If prices break below support levels at $3,065 or $3,004, there is a risk of accelerated decline in the short term. Conversely, strong resistance exists at $3,171 and $3,184; without volume support, a pullback pressure is likely. Investors should be alert to ETH's correlation with the broader market, strictly control leverage, set effective stop-loss points, and avoid blindly chasing highs. Market sentiment remains unstable, and in the absence of clear policy guidance, macro capital flow changes or sudden negative events could further intensify volatility. Overall, short-term ETH trading should adopt a cautious, slightly bullish approach, closely monitoring breakout signals and volume changes, with strict risk management.