#ETH🔥🔥🔥🔥

From the 12-hour level, ETH is currently in a mid-line resistance area, and the upward momentum is gradually weakening, facing a need for adjustment and consolidation. There is less certainty for further upward movement, so it is recommended to take profits first and wait for a pullback to buy at lower levels.

The 1-hour level shows that today's increase is mainly driven by retail investor sentiment, and the potential for further upward movement is uncertain, so caution is needed for a sharp drop after a slight rise. Overall, after the price enters the 2930~3033 resistance zone, the upward momentum slows down, and it is advisable to take profits in batches for the short to medium term. After the support moves up, there is hope to form a 'golden pit' during a retracement at the neckline and low positions of the bullish candlestick. Key reference points are:

- Short-term support: 2836~2804 (need to monitor closely)

- Second support: 2717~2636

- Medium-short-term resistance: 3033~3142