**Ethereum Core Analysis**

Currently, Ethereum is in a sideways correction phase after a decline, which does not indicate a strong rebound. The price highs are gradually moving lower, and the rebound strength is quite limited. The overall trend is a typical weak consolidation with oscillation.

**1-Hour Chart**

The price is repeatedly trading within the 3300-3335 range, with each rebound being suppressed around 3335-3350. Although the MACD's bearish momentum is weakening, it has not yet turned positive, and the RSI is oscillating near the neutral 50 line. This indicates that market sentiment is very indecisive, and no clear directional momentum is evident.

**4-Hour Major Framework**

The price remains below the middle band of the Bollinger Bands, indicating a generally weak market. There is clear resistance above $3400. Although the moving averages are beginning to flatten, the bullish divergence has not yet formed, and the MACD remains below the zero line, meaning the bearish structure has not been broken.

**Volume is Key**

During the consolidation, trading volume has significantly decreased, suggesting that major funds are on the sidelines, waiting for a new catalyst. With low volume, bullish activity remains subdued, and rebounds lack strength. This volume contraction and sideways movement imply that major players are also waiting for a direction.

**Trading Suggestions**

Short-term resistance is at 3335-3350, with support at 3280-3250. The market is currently in a technical correction after bearish momentum has eased. Although the downward pressure is diminishing, the price structure, trend position, and volume do not support a trend reversal. To confirm a reversal, watch whether the price can effectively break through the 4-hour middle band (around 3350) with increased volume. Until a reversal signal appears, this trend is likely to remain a weak oscillation. Caution is advised around resistance zones, and patience is recommended while waiting for a clear directional move.