Last night, although there was a slight inflow of funds into the US stock market, Ethereum's daily key support level still failed to hold effectively. The 2965 resistance level has consistently been a clear obstacle. Currently, the price is oscillating within this range, lacking effective rebound momentum, exhibiting typical range-bound decline characteristics.

From a technical perspective, the current pattern does not show signs of upward breakout momentum. The morning market remained sideways, which often indicates potential downward pressure release in the future. In this kind of oscillating market lacking upward drive, aggressive traders have already begun to deploy corresponding strategies.

For observers, it is necessary to closely monitor whether the 2965 level can form effective support again and whether the next clear direction will emerge. The current market rhythm requires investors to maintain sharp judgment and sensitivity.