The latest Ethereum (ETH) market analysis shows a bullish oscillation upward trend in the short term. Observing the 1-hour and 4-hour time frames, the current 1-hour chart exhibits long positions advantage, while the 4-hour chart is still dominated by sellers.

Investors should closely monitor two key price levels: 3459 and 3528. As long as ETH can hold above these two levels, it is likely to maintain its upward momentum. However, if the 3459 level is breached, one should be wary of potential downside risks and pay attention to possible long positions at the support levels below.

Current important support zones include 3395-3405, 3352-3362, and 3250-3260. A breakout below these support levels may trigger further declines.

The resistance levels above are 3500-3510, 3560-3570, and 3595-3605. These price levels may become key challenges for longer positions to break through.

Overall, the short-term trend of ETH shows a characteristic of fluctuating upwards, but potential risks should still be taken seriously. Investors should closely monitor the performance of key price levels and adjust their trading strategies flexibly. In the current market environment, maintaining a cautiously optimistic attitude and ensuring effective risk management is crucial.