On Monday, market liquidity clearly improved, and the market is about to start. Every consolidation phase is essentially a battle between bulls and bears and a process of chip harvesting.

Many people define this wave of market movement as a wave pattern correction, but based on Ethereum's historical performance, once this coin starts moving, it tends to experience waterfall-like surges, and the resistance levels formed by technical analysis often turn out to be meaningless.

My judgment is that the 3000 level must be broken—whether you are trading short-term or planning for the medium term, shorting here is not worthwhile and goes against the current macro trend logic.

From the current support situation, breaking below 3000 within this week is inevitable, and 3100 will follow. If you want to set up short positions, you can only do so above 3200; any shorting opportunities below 3200 are not worth participating in. In the short term, the bulls hold the advantage.