Recent market news has been frequent, and it’s indeed necessary to pay attention to both macro and technical aspects. The recent rally this morning successfully pushed Ethereum to touch our previously set entry zone. Friends who want to participate should remember to manage risks properly.

**Technical Analysis**

The daily chart has already broken above the Bollinger upper band, and the 4-hour chart is also at a relatively high level, so a retracement is likely to occur next. Resistance above is concentrated in the 3250-3280 range, while support depends on whether 3180 and 3120 can hold.

**Specific Trading Ideas**

If you go short at the high of 3250-3280: set stop-loss above 3350, with initial targets at 3180-3150. If it breaks below 3150, you can continue to look for stronger support around 3000. It is recommended to divide your positions: enter the initial position at 3250, and add another around 3300.

If you choose to go long at 3120-3100: place stop-loss below 3070, and take profit at 3200-3230.

**Risk Reminder**

No matter what you do, keep your position sizes small—it's recommended to allocate only 2%-5% of your total account for each trade. Trading is easy to talk about, but those who truly make money are the ones who can manage risks well and avoid blindly chasing highs. These are just personal analysis ideas; the specific operation should be based on your own risk tolerance.