In the early hours, Ethereum (ETH) shows typical nighttime characteristics — liquidity is sluggish, but volatility is surging beneath the surface. The current quote is $3190.43, with the bulls still holding the upper hand. The RSI indicator shows a level of 54.1, suggesting room for further upward movement.

From a technical perspective, the support level is anchored at $3126.62, with resistance above at $3254.24. More importantly, that key line — the breakout point at $3238.29 — acts like a watershed; whether it can be effectively held becomes the recent focus. Looking at the candlestick patterns, ETH is accumulating potential energy, as if waiting for a breakout opportunity.

Honestly, from a fundamental standpoint, Ethereum’s ecosystem construction has been steadily progressing, and this blockchain’s position in the crypto market remains difficult to shake. There are no obvious weak signals technically, mainly depending on whether it can successfully break through that critical level of $3238.29.

If this wave can stabilize, the subsequent space for growth is quite possible. But staying alert late at night can easily lead to losing control — watching the candlesticks move can subconsciously cause heavy positions to chase highs. Managing risk is always the top priority; with proper position management, your heart won’t race too fast.

Thanks for staying up late to monitor the market. Remember to turn off your phone and get some sleep. Investment requires caution, and risks are your own responsibility.