Looking at ETH's recent trend, it's quite worth analyzing. On the 1-hour candlestick chart, the price is stuck around 3050-3055, showing a typical rebound followed by a pullback pattern. This area indeed has resistance, and previous bullish judgments have been validated here.

Market details reveal several signals. The price frequently forms long upper shadows near the upper Bollinger Band—indicating selling pressure is starting to emerge above. The MACD fast and slow lines are flattening and converging above the zero line, with the red histogram bars clearly shortening, showing that upward momentum is weakening. More importantly, volume analysis indicates divergence: when the price surged higher, volume did not follow, a classic volume-price divergence.

This rebound starting from 2950 reached the critical resistance zone of 3050-3060, and short-term momentum has basically been exhausted. The market may need a decent correction to re-accumulate strength.

**Trading suggestion**: Consider shorting on the rebound. The ideal entry zone is 3048-3055, with a stop-loss set above 3065( and strictly executed, risking about 30 points). The target is around 3020 as the first level, and the 3000 integer level as the second. With this setup, the risk-reward ratio can be above 2:1.

**Why choose this area?** 3050-3060 is a convergence zone of multiple previous highs and lows, with real technical resistance. After a continuous rally, signs of stagnation appear, and the probability of a short-term correction is significantly higher than that of a continued breakout.

It’s important to emphasize that this is a short-term correction trade based on the current rebound, not a long-term bearish outlook. Keep positions light and stop-loss firm. If the price unexpectedly breaks through 3065 strongly, indicating a misjudgment, admit the mistake and exit, waiting for the next opportunity. Markets change, and strategies must adapt flexibly.