Ethereum's current bullish setup is just in time. On the four-hour chart, the ascending channel framework has been perfectly established—each pullback continually raises the lows, and the highs are breaking through layer after layer. This kind of structure is very solid.

Simply put, every downward correction is an opportunity to get on board. The key support level is around 3140, a price zone that has been tested multiple times, ensuring strong defense. If entering long positions, the stop-loss can be placed just below the support, controlling risk.

The upward target first aims at the 3260-3300 range. If broken, look further up towards the previous oscillation resistance zone. The trends of these main cryptocurrencies are currently quite coordinated, and the short-term bullish logic still holds.