Ethereum has been fluctuating between 3280 and 3380 these days. The 4-hour RSI still leans towards the bullish side, but trading volume is a bit sluggish, and market divergence is quite evident. From a medium-term perspective, the W-bottom pattern has already formed, with the 3300 USD level now acting as support. Resistance levels are at 3435 and 3600.

In the long term, continuous institutional inflows and various technological upgrades can provide support for Ethereum, but short-term correction risks should still be watched. The operational advice is—short-term quick in and out, don't be greedy; if you're optimistic about the future, wait for a pullback to buy on dips.