ETH's performance today is relatively strong. As of around 19:30 yesterday, the price of Ethereum stood at $3,238, with a 24-hour increase of nearly 2%. The total market capitalization is approximately $391.5 billion, and the average daily trading volume is around $27 billion.

From the price performance perspective, ETH's intraday movement is quite interesting. It firmly held the $3,204 level, showing a generally oscillating but bullish pattern. However, some divergence signals appeared on the hourly chart, indicating that there might be a short-term pullback for correction.

On the technical side, the bullish momentum still exists. The daily chart continues its upward trend, and the 4-hour chart remains steady. However, divergence on the hourly level warrants caution—short-term correction risks should not be ignored. Regarding support and resistance, the support zone below is around 3181-3126. If broken, there is strong support at 3020. On the upside, resistance is positioned between 3265 and 3350.

Judging from market sentiment and capital flow, the bulls currently hold the advantage, and whale holdings are relatively stable. Moving forward, two key aspects to watch are: first, whether there can be a volume breakout above the resistance; second, how strong the correction might be if a pullback occurs. These two signals will directly influence the subsequent trend classification.