The chips that were trapped due to the rapid decline of Ethereum in front are gradually being released, and currently, it is moving upward steadily. The smaller timeframes have not seen much volume acceleration in the rise.

Ethereum seems to be waiting for an opportunity, and a rebound in the price also needs to be influenced by objective factors, such as an exchange rate rebound with increased volume. Ethereum is just one opportunity away. The upper level still focuses on the position of 3800, while the lower level focuses on 3580.