Recently, ETH's performance has been quite impressive, with the price moving steadily upward and the bulls showing strong momentum. From the hourly chart, the overall market has now firmly stabilized above the key level of 3080. This level was previously a resistance point, and now that it has been broken through, it indicates that buying power is quite strong, and the bears have been pushed out.

Looking ahead, ETH has been climbing from the bottom, with each pullback showing sufficient turnover, which is somewhat like paving the way for the subsequent rally. The 3080 hurdle is like passing an important checkpoint for the bulls. Currently, the short-term initiative is in the hands of the buyers. If ETH can continue to hold this level, pushing towards 3200 is almost a certainty—it's just a matter of time.

Speaking of which, the weekend is approaching, and the cryptocurrency market often experiences some consolidation at high levels during this time. This might be uncomfortable for short sellers who are trapped, but short-term adjustments are actually beneficial—they give the market time to digest profits and help repair technical indicators. The key is to keep an eye on the 3080 support. As long as it holds, the upward trend can continue to strengthen. If it breaks below, caution is needed as short-term movements may become volatile, and strategies should be reassessed.