$ETH 12.5eth Currently, the main funds for ETH have not exited, and in the short term, ETH price is under pressure below 3250, while there is strong support at 3060. I have mentioned this several times before. If today’s daily close is above 3200, a bullish engulfing pattern will form on the daily chart, which could drive the price to break above 3250-3400. I also mentioned a few days ago that a mid-term long position can be considered. On the shorter timeframes, such as the hourly and 30-minute charts, after a long lower shadow bearish candle, the price rebounded to 3192 and then consolidated, which is mainly a process of technical indicator correction, as the previous top divergence has also been corrected! For today, continue to watch support at 3130 and 3060, and resistance at 3250.