From the current technical perspective of Ethereum, the recent pullback has indeed been less than ideal. Today's lowest point only touched 3125, leaving some room before reaching the expected support zone of 3000-3100. Although this gap doesn't seem large, it still has an impact on judging the stability of the subsequent trend.

If it can successfully break down through this key zone of 3000-3100 and form a genuine spike pattern before initiating a rebound, then the upcoming upward movement will be clearer and more powerful. At that point, not only is a surge towards 3600 expected, but even challenging the psychological barrier of 4000 would be well within expectations.

It is worth noting that the current market phenomenon of induced shorting is essentially creating a false impression of weakness. This is not a trap set for short sellers, but a preparatory phase by the market makers before brewing the next wave of行情. Once Bitcoin confirms the spike, Ethereum is very likely to launch a rally directly, and by then, chasing high might even be too late to catch up.