#香港虚拟资产稳定币监管框架 After touching 2986 some time ago, it didn't continue to rise and began to turn down for adjustment. The lowest wave hit around 2855, which can be considered as hitting the brakes, and then the price slowly started to rise again.

The 2855 point seems quite critical now—whether it can continue to rise in the short term basically depends on whether it can hold this level.

From the four-hour level, the current trend is actually quite healthy: although there have been some back-and-forth movements, each time the lows during the pullbacks are getting higher. The range between 2855 and 2880 has already formed a solid support area. This kind of fluctuation not only releases the downward pressure but also accumulates the momentum for an upward attack.

The current price is approaching the previous high point area, and the volume-price combination is quite good.

Don't worry too much if the volatility has increased - when a bull market just starts, it naturally needs to go through this kind of oscillation and consolidation process. Profit-taking and trapped positions must be digested, which is completely normal.

Ethereum is currently in a bullish accumulation phase, with the probability of further pullbacks decreasing, clearly transitioning from a weak to a strong momentum.

In terms of operational thinking, just follow the bullish direction and look for opportunities to enter long positions when there is a pullback.

After sufficient fluctuations and bottoming out near 2855, a bullish pattern has been established. The current volatility is just a normal adjustment in the trend.

You can take the opportunity of callbacks to enter the market in batches, but remember to manage risks properly—set reasonable stop losses, and don’t expect to get rich overnight. Follow the direction of the trend and hold patiently.