Currently, ETH has been under pressure in the 2985-2965 range. The overall main trend remains bearish, so focus on the resistance levels at 3005-2965 and 3025-3065. You can continue to attempt long positions with a downside target of 30-450 points.

From a technical perspective, the bearish trend has been officially established, with prices continuing to decline. Not only has the price effectively broken below the key support level of the middle band of the Bollinger Bands at 88,200, but it has also further dipped into the low zone around 85,000. Once the support level was breached, it was simultaneously transformed into short-term strong resistance, and the downward space continues to open up. Although there was a slight rebound correction to around 87,600, the price remains under pressure within the Bollinger Bands' middle band and shor