Ethereum has just experienced a rapid surge, with the 15-minute candlestick showing a very aggressive move—rising straight from around 3065 to 3367. The strength of this single bullish candle should not be underestimated. As of the time of writing, the price stabilizes around 3355. Although the increase seems modest (0.56%), the market structure has already shifted noticeably.

What is the driving force behind this rally? Let's analyze from a technical perspective:

First, the technical indicators have shown a classic golden cross signal, which typically indicates a awakening of bullish momentum. Second, trading volume has significantly increased during this period, suggesting substantial institutional participation. Third, the key resistance level that previously suppressed the price has been effectively broken, opening up new upward space.

From a trading standpoint, the current opportunity points are worth paying attention to. Long investors can patiently wait in the 3300-3280 range. This zone includes the early breakout point and is supported by moving averages. If the price stabilizes after falling here, it often presents a good entry opportunity.

Conversely, for short-sellers, they must wait until the price breaks below 3280 and shows weak rebound before considering action. In the current trend that has not yet reversed, blindly catching the bottom to short carries high risk. Overall, the bullish momentum still dominates.