After Ether reached a new low of 3104 today, it has shown weakness in multiple rebounds and is currently oscillating around the price level of 3143. Signals from all levels of market data indicate a continued downward trend, with a double support forming in the 3124-3104 area. If this range is consecutively lost, it is highly likely to approach the 3000 level; however, the downward momentum may be insufficient, and a slight rebound is expected after hitting the bottom, requiring a period of oscillation and consolidation to verify the effectiveness of the support below. If the support is confirmed to be solid, a light position can be taken to go long, targeting the 3170-3200 range.