Ethereum is currently around the 3091 price level. To be honest, recent performance has been oscillating around 3100. The previous high of 3145 has not been broken, and overall it seems a bit weak.

From the daily chart, the past few days have shown small doji candles, with noticeably reduced volatility. The market atmosphere is very cautious. The 2-hour MACD is gradually narrowing, and signs of a golden cross are faintly visible, indicating that the selling pressure is gradually weakening.

On the technical side, the EMA7 is consolidating around 3095, but the EMA30 above at 3115 is acting as resistance, while the EMA120 is the key to controlling the overall trend. Overall, this is a typical consolidation phase—neither showing clear upward momentum nor signs of a breakdown.

For trading ideas, it’s safer for non-professionals to observe more and act less at this stage:

**Long position reference**: Consider building a position at 3050 or 3000, with a stop-loss at 2970, aiming for targets above 3140, with an advanced target at 3190.

**Short position reference**: Consider shorting around 3150 or 3200, with a stop-loss at 3230, aiming for a decline below 3050, ultimately targeting 3000.

Market conditions change rapidly. The above is just a technical reference; actual trading should be adjusted according to your risk tolerance.