Ethereum (ETH) recent market performance shows prices fluctuating around $3050, demonstrating some resilience in the short term, but overall market sentiment is complex. According to analysis from Platform X, ETH shows bullish opportunities under signals of daily overselling, support from the EMA200 moving average, and previous low support, making it suitable for gradual spot buying with clear and controllable stop-loss points. However, on the weekly level, a large M-shaped pattern has formed, and some investors predict that if it breaks key support, it may drop to $1100, so risks must be monitored. Optimists believe that by 2025, driven by the Pectra upgrade, ETF staking, and AI integration, ETH is expected to break through the $5500-6000 range. Current market dynamics are significantly influenced by stablecoin funding, ecological narratives, and policies, and there may be short-term pullbacks; it is advisable to pay attention to resistance levels of $3600-4000. Traders should avoid high-leverage contracts, prioritize spot strategies, and cautiously operate by combining technical indicators with fundamental analysis to cope with market fluctuations.