The two pancakes last night hit a low of 3306 and began to stabilize and rebound, with the highest rebound reaching 3365 but unable to go higher, then slowly came down. I looked at the lowest point which hit 3308 and started to rebound. Just now, it reached a high of 3352 but couldn't go higher and started to slightly pull back. If the rebound breaks yesterday's high and reaches above 3380, there is a chance to continue moving upward.

Currently, it is oscillating in the range of 3310-3350, just as the weekend liquidity weakens. Under normal circumstances, there shouldn't be much fluctuation. For those doing short-term trading, you can go long near the support in the range and short near the pressure.

Remember, for those without spot positions in Ethereum, these levels can be decisively entered, splitting into two trades. Here, there hasn't been a purchase; if it comes down to around 3100, continue to add. The contracts are aimed at short-term players and are unrelated to those playing with spot. Don't sell your spot just because others say it won't go up in the short term.