【ETH Short-term Analysis: Narrow Range Consolidation Faces Direction Choice】

Ethereum current price is 3306. The technical picture shows a contradiction between a 15-minute extreme compression and a 1-hour bearish bias, with the market at a critical turning point.

Technical Status:
The 15-minute chart's volatility has compressed into a 10-point range between 3304-3314, with moving averages fully converged and volume shrinking to a standstill—typical pre-breakout signals. The 1-hour level maintains a clear bearish structure, with the price constrained by short-term moving averages. MACD is below the zero line, and the previous low at 3273 remains a key support.

Key Battle Points:

· Resistance above: 3315 (upper boundary of the 15-minute box). A breakout here would alleviate short-term weakness.
· Lifeline below: 3273 (1-hour low). Falling below this level would open the downside space toward 3234-3200.

Core Reminder:
Current volatility has compressed to an extremely low level. The direction of the next 1-2 15-minute candles will determine the short-term trend. If the price continues to fail to break above 3315, the probability of testing 3273 downward will significantly increase. It is recommended to use pending orders for breakouts with strict stop-loss settings.

(The market is at a critical turning point; light positions are advised for testing. Subscribers can receive real-time breakout alerts and precise order placement down to the point.)