ETH has returned to yesterday's position, but the market hasn't shown signs of accelerated decline. Currently, ETH's trend may experience a small-level pullback; it's somewhat unlikely to directly rebound from this position.

However, there will be a wave of accelerated decline followed by a quick recovery, and it seems that the downward trend is about to end, preparing for an attack on 3800. For contract traders, they can enter long positions at the 3540-3350 range.

The cost-effectiveness at this position is still very high; this level is a strong support. One can aim for a rebound with a stop loss set at 3500.