I've been closely watching Ethereum's trend lately, and the more I look, the more I feel there's something at this level. The recent market movements have indeed been a love-hate situation, but from a technical perspective, the bulls have a clear advantage.

ETH is currently stuck at the $2965 level, with an RSI of only 53.2, indicating it's still far from overbought. This suggests there is room for further upward movement. From my observation, if it can successfully break through the $3009.47 level, the likelihood of a subsequent accelerated rally is quite high.

Let's talk about some key levels. The support below is at $2905.7; as long as this holds, the short-term trend remains upward. The resistance above is at $3024.3, which is a significant threshold. If the $3009.47 level can be broken, then $3024.3 won't be far behind.

Honestly, this doesn't look like a pattern that retail investors can create. The bullish momentum is quite concentrated.

My own approach is this: continue observing at the current position. Once there's a confirmed breakthrough of $3009.47, I will consider adding positions to test. After all, breaking this level usually signals the start of a new upward wave. But if it unexpectedly falls below the support at $2905.7, then I will cut losses decisively—risk management always comes first.

The bottom line is to stay alert and avoid reckless operations. In a bullish dominance scenario, confidence is key, but risk management must also be well handled. Brothers with different ideas are welcome to chat and exchange thoughts.