The Ethereum (ETH) market has recently shown a multi-faceted fluctuation trend. From the daily chart perspective, on August 7th, ETH was in a high-level consolidation state, and investors need to closely follow the potential golden cross pattern that may appear on the 12-hour chart, which could indicate a change in the trend in the short term.

Currently, ETH is operating within the 6-hour market, with adjustments mainly at the 15-minute and 30-minute levels today. On the upside, the key resistance levels to follow are $3746, $3770, and $3824. The downside support levels are set at $3653 and $3624, with particular attention needed to defend the key position of $3605.

From a longer-term perspective, it is recommended that investors focus on the price trends and trading range between August 11 and 24, as this could provide guidance for future trends.

For trading strategies, professional investors generally believe that it is wise to maintain a wait-and-see attitude until a clear pattern emerges. At the same time, any trade should have a stop-loss set to control risk.

It is worth noting that the cryptocurrency market is highly volatile, and investors should conduct thorough research and risk assessment before making any decisions. Market analysis is for reference only and should not be considered specific investment advice. In this rapidly changing market, it is crucial to remain clear-headed and rational.