Ethereum's recent performance has been quite good, with the price around $3,200.88, a 24-hour increase of 2.17%, and the daily trading volume also quite impressive, breaking through 7.6 billion USDT. Looking at the candlestick chart, the price has been fluctuating between 3157 and 3227, indicating that the short-term bullish trend is indeed dominant — MA5, MA10, and MA30 are all in a bullish alignment, and the MACD has followed suit, with the red histogram expanding. However, it's important to note that the RSI indicator has not yet entered the overbought zone, so the upward potential might be limited by the previous high at 3227.

What’s next? If it can break through 3227, it could challenge the strong resistance zone between 3250 and 3300. Conversely, if it pulls back, the 3150 to 3170 level will be critical, and it remains to be seen whether it can hold. From a trading perspective, there are two strategies: one is to wait for the price to stabilize at a support level before entering a low buy; the other is to follow the breakout of the previous high to go long, but with a stop-loss set below 3140.