ETH's recent trend indeed gives us a lot of observation space.

From a technical perspective, at the price point around 2967, the Bollinger Bands are in a contraction phase, which often indicates accumulation by major funds. Meanwhile, the MACD's DIF line has crossed above the DEA line, and the bullish momentum bars are enlarging. This signal suggests that the buying force is accumulating.

More interestingly, the on-chain performance shows that the number of transfers and active addresses on the ETH network has been increasing recently. This doesn't look like casual retail activity but rather large funds quietly positioning. From an ecosystem perspective, many new projects have launched on Ethereum recently, and the total locked value in Layer 2 solutions has also hit new highs. These fundamentals are quite solid.

Combining these signals, if the 3000 level is broken, a reasonable target for the upside is around 3200. In terms of timing, the current position is indeed a relatively low entry window for those wanting to participate. The alignment of technical, on-chain data, and ecosystem trends is quite rare in the market.