Looking at the 4-hour candlestick chart, although Ethereum faces resistance at the 3000 integer level, it is still moving within an upward channel overall. The technical aspects are quite interesting: the middle band of the Bollinger Bands repeatedly provides support at the bottom, and each pullback is being caught. The MACD green bars show decent volume, indicating that the bulls are still gathering strength. The KDJ is oscillating in the middle range, with initial signs of a golden cross. From the moving averages, the bullish alignment is gradually taking shape, and the trend has not yet reversed.

In the short term, this oscillating upward pattern is expected to continue, and the bullish story is not over yet.

For trading, it is recommended to consider going long at the 2920 and 2880 levels. Keep an eye on 3060 in the near term, and if it breaks below, then watch 3160.