Ethereum's recent trend is quite interesting. It tested the support zone around 3080-50 multiple times without breaking below, and is showing signs of stabilization. The current feeling is like gathering strength, possibly extending upward to test previous highs.

From a technical perspective, the area near the previous high is a small watershed right now. An idea for a pending order in the early hours: consider shorting at the 3268 level, with a stop set at the 3300 key level, and the initial target below at 3170. Of course, this is just based on some observations of the current chart; market conditions change rapidly, so specific operations should also consider your own risk tolerance.

Next, observe whether it can break through the previous high. If it can effectively break through, more upward space will open; if it cools off and pulls back around this area, then the support validity needs to be reassessed. The market is constantly changing, so this approach is only for analysis reference.