From the technical analysis of Ethereum on a 4-hour cycle, the medium to long-term ascending channel structure remains intact, with prices continuously oscillating upwards along the middle to upper Bollinger Bands. The bullish trend support is effective.
Switching to an hourly short cycle observation, although the market is in a stage of correction, the overall daily rhythm shows a pattern of oscillating ascent, and the market structure dominated by bulls has not undergone any substantial change.
Based on the comprehensive multi-cycle resonance signal assessment, the evening operation strategy suggests primarily low buying during corrections and positioning long positions on dips.
Ethereum is centered around a pullback to 3100, with layouts near 3080, targeting around 3280 and 3450.
