Ethereum performed well today, with an increase of nearly 8%, pushing the price towards $3,356. From the market perspective, there are many insights behind this rally.

**Major players are secretly positioning**

In the past 24 hours, Ethereum spot trading volume reached 4.4457 million coins, with a trading volume of 13.843 billion USDT. The overall price movement was modest. However, a closer look at the data reveals clues—large buy orders account for over 65%, and the main players are continuously accumulating within the 3052-3107 range. During price pullbacks, trading volume shrinks, which is a typical "shakeout and accumulation" rhythm, indicating that the major players are preparing for a subsequent rally.

**Retail investors are watching, but sentiment is rising**

Since rebounding from $2,620, many retail investors are waiting for a pullback to add positions. Recently, activity in the Ethereum Layer2 ecosystem has significantly increased, and market expectations for the industry's recovery are warming. Once the price breaks through the resistance at $3,183, funds chasing the rally will quickly enter, and the upward momentum at that point will be quite strong.

**Technical signals are clear**

On the support side, the SUPERTREND indicator shows $2,946.31 as a strong support level. The current price has clearly stabilized above this level, making a deep decline unlikely in the short term. From the volume-price relationship, the pattern of volume shrinking during pullbacks followed by volume expansion during stabilization aligns with the characteristics of major accumulation. Most importantly, the hourly MA5 has already turned upward, indicating that a short-term bullish trend has formed.

**What to expect in the future**

Based on the overall volume, price relationship, and market sentiment, Ethereum is likely to break through $3,183 tomorrow and then move towards $3,356, with an expected increase of about 8%. The major players have completed their shakeout, and with the heat in the Layer2 ecosystem, the rally will be relatively steady.

**Trading suggestions**

If bullish, the range of $3,107-$3,120 is a good entry zone, targeting $3,356, with a stop-loss set at $3,060. This logic is clear, and the profit expectations are well-defined.