The current Ethereum candlestick chart shows a hovering and fluctuating trend around the 3700 point. However, through comprehensive analysis, this level does not constitute an ideal entry point, mainly due to the relatively weak support effectiveness demonstrated by EMA15. In this context, attention should be focused on the more indicative EMA30, which is currently firmly positioned at 3610 points. Therefore, in terms of operational strategy, it is recommended to continue adhering to the principle of 'buying high and selling low' to flexibly respond to market fluctuations.

Ethereum is expected to rebound around 3690, with a target above 3800.