From the 4-hour chart, Ethereum has seen a short-term continuous rebound. During the day, it faced resistance above 3200 and pulled back, but so far, there hasn't been significant selling pressure according to the indicators. On the 1-hour structure, the price quickly rebounded after touching the middle band of the Bollinger Bands, indicating that there is still some support at the current level. Long positions can continue to be placed around this level tonight.