The Ethereum (ETH) market has recently shown a volatile trend, and investors need to closely follow the price changes on August 30. From a technical perspective, the 3-day chart may show a downward trend, while the 2-day chart indicates room for higher prices.

Within the 12-hour time frame, ETH may迎来最后一波反弹, and then possibly enter a low-level consolidation phase. Currently, the market needs to focus on the key support levels below, which are 4278, 4242, and 4225 USD. In extreme cases, it may briefly touch 4195 USD. The resistance levels above are 4376, 4429, 4454, and 4481 USD.

In terms of market sentiment, the current ETH long-short ratio is 1.79, indicating a slight advantage for the bulls. The fear index is at 39, in the fear range, but has not yet reached extreme fear levels. The real funds ratio is 54:46, slightly leaning towards the bulls, while the overall long-short ratio across the network is 42:58, showing a general bearish trend.

In the face of the current complex market environment, investors should maintain a cautious attitude. It is recommended not to enter the market lightly before clarifying the market patterns, while also remembering to set stop-losses to control risks. Reasonable use of technical analysis tools, combined with market sentiment indicators, can help investors better grasp market opportunities.

However, it is important to emphasize that the cryptocurrency market is highly volatile and carries significant investment risks. The above analysis is for reference only and does not constitute any investment advice. Investors should make independent judgments based on their own risk tolerance and investment objectives.