Ether's performance has been relatively weak for long positions these past two days. During trading hours, the price rebounded slightly around 3640 before pulling back again, which is a significant decline compared to previous days. Overall, it has followed Bitcoin downwards. The short-term support is roughly around 3480, but in my view, this level is unlikely to hold. In the afternoon, after a slight rebound and correction, it will likely break down again. The upper pressure is around 3800, and only with higher trade volumes breaking through this level can the market have a chance to strengthen again. Recently, the news has been tight, and the market is somewhat hesitant, so the short-term trend is still mainly weak fluctuations.