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Ethereum's current situation is indeed stuck, and the pressure around the 50 integer level is greater than expected. To be honest, from a technical perspective, it has not been able to break through this level, repeatedly testing and falling back, with the bulls clearly lacking strength. The current scenario is that the bulls are repeatedly frustrated here, while the bears are defending very firmly. In this stalemate, in the short term, the downward risk is actually more worth being cautious about. Given the current momentum, the reasons for a bearish outlook are still quite substantial.