#美SEC促进加密资产创新监管框架 Ethereum’s recent price action has been pretty interesting. Let’s talk about the bigger picture first: Layer-2 networks are definitely gaining traction, and project TVL keeps climbing—this is a bullish sign for ETH demand itself. But as you know, regulation is like a sword hanging overhead; policies from different countries keep shifting, and market sentiment is easily swayed.

Looking at the charts, the weekly trend is still healthy, with the price staying inside an upward channel. After previously reaching a high of 3239.27, it started consolidating sideways and is now hovering around 3166. The 7-week moving average is offering support at 3159, and the 30-week MA is climbing as well, so the mid- to long-term momentum is intact. But here’s a detail—the MACD’s red bars are getting shorter, which means bullish momentum is weakening.

If you want to play short-term, consider entering small positions in the 3100 to 3150 range, aiming first for 3250. If it breaks below 3050, just cut your losses and get out. If it really drops below 3100, then wait for it to hit the 3000 to 3050 range to buy the dip, target 3200, and 2900 is the bottom line.

All in all, ETH is in no man’s land right now; waiting patiently for an opportunity is smarter than chasing the price.