The Fed's interest rate cut expectations continue to develop, and market risk appetite has improved. Based on recent Ethereum trends, there are indeed several noteworthy opportunities for strategic positioning.

The 2950 level below is a good support point for bulls; if it can hold, there is room for action. Looking higher, around 9800 follows the same logic — as long as it doesn't break below, there remains potential for upward movement.

However, there are two scenarios to consider: if the rebound reaches around 3030, as long as it doesn't fall below the closing line, there is still hope; conversely, if it drops further, it might be time to withdraw. Looking further ahead, the 3500 range is a relatively clear resistance level. Whether it can be broken depends on trading volume and market sentiment.

In summary, short-term trading should prioritize support levels; once they are breached, decisive exit is necessary.