Recently, ETH's rise has been quite impressive, with the price steadily holding above the key level of 3080, clearly showing a bullish trend on the hourly chart. As the weekend approaches, many people are starting to worry about a potential big震荡, especially those caught in short positions, feeling quite anxious. But to be honest, the current bullish pattern remains quite solid. From the trend, the bulls have already taken control of the market, and holding above 3080 is the best signal. The short-term upward trend is very clear, and weekend fluctuations are just normal market adjustments, not a warning of trend reversal. From a capital perspective, the inflow of funds has been quite strong during this period, providing solid support for ETH. This financial backing is enough to absorb the pressure that short-term volatility might bring. For those caught in short positions, my advice is not to rush. Don't make reckless moves in a choppy market; wait for the right entry points, and use technical indicators to find a good position to stop loss and exit, preventing losses from expanding further. On the bullish side, traders can take advantage of these fluctuations to adjust their positions, adding some at lows to prepare for the upcoming market moves. In simple terms, ETH's bullish momentum is still intact, and weekend volatility is nothing unusual. The key is for investors to stay rational, focus on the long-term trend, and not be scared by short-term ups and downs.

Looking back at the period from 2015 to 2016, ETH was indeed not favored when it first launched. Mainstream opinions were either mocking or indifferent, and no one predicted the subsequent epic rally of 50x. The current situation is quite interesting. The volatility between ETH and BTC has been pushed to historic extreme levels, and such extreme suppression often signals something. Looking at the charts, the downward room is actually becoming more limited, and conversely, the upward potential is accumulating. Is it possible to recreate that scene from back then? It's a question worth pondering. When market sentiment is extremely pessimistic and technical indicators are overly suppressed, it is often the most dangerous yet most opportunity-rich moment. From a technical perspective, whether ETH/BTC can break through this suppression zone at some point remains an intriguing possibility.

Ethereum put options trading volume surges. Go long, don't hesitate.