Ethereum's recent market trend is worth paying attention to. After a continuous rise in price, a clear top pattern appeared around 3308, followed by a rapid pullback. This type of movement usually indicates that the trap phase has been completed.

From a technical perspective, the rebound momentum is gradually weakening, and the price continues to face downward pressure, with the 4-hour timeframe already switching to a bearish mode. This is not a random fluctuation but a structural reversal signal.

Currently, it is only the initial stage of a decline, and there is still room for further downside. In the short term, the risk in this direction is relatively high, and close monitoring of support levels is necessary. For traders with higher risk appetite, such pullbacks often contain opportunities, but risk management should also be in place.