Ethereum's recent performance indeed suggests the possibility of a spike. On the market, the battle between bulls and bears is not very intense, and retail traders' enthusiasm is moderate, which is directly reflected in the liquidity and trading volume, both of which are noticeably sluggish. In this situation, the price is likely to test the support below before there is room for a rebound.

From a trading perspective, consider attempting to go long in the 3070 to 3050 range. This level should provide some support, and if the price can hold steady here, a rally may follow. Of course, in an environment with weak liquidity, caution is still necessary, and stop-losses should be properly set.