The overall market performance of ETH is weak. $ETH

However, looking only at ETH itself, the structural state is still okay.

After a bottom consolidation of 3 months, it started to rise, with a continuous increase of over 40%.

The market took profits and pulled back, resulting in a price correction.

After the correction, the market entered a simple divergence oscillation, with clear key prices above.

Pay attention to whether the 3240 level can continue to break through.

The current position is regarded as a continuation of the upward trend, and there is a chance to initiate a trend continuation after the breakthrough.