Today I monitored ETH's data performance all day, and the price point of $2304.44 made me think of the comparison with the same period last year.

Current 24-hour data shows: +0.93% slight increase, trading volume of 403 million USDT, intraday volatility only 2.34%.
This low volatility is actually quite interesting in the current market environment.
The highest touched 2325.28, the lowest 2272.09, a $53 fluctuation range that is relatively restrained.
The key is market sentiment: Fear and Greed Index at 39, in the standard Fear zone.
This value, combined with ETH's sideways performance, indicates that large funds are waiting for directional signals.
BTC perpetual funding rate is -0.0008%, neutral leaning slightly bearish, but this figure is not enough to determine a trend.
From a trading volume perspective, the daily turnover of 403 million USDT is considered medium in ETH's historical data.
Coupled with the current sideways price action, market participants are clearly observing.
If the 2300-2325 range can hold steady, the technical outlook will be relatively healthy.
The most noteworthy aspect on the data side is volatility compression.
A daily volatility of 2.34% is quite low in the crypto market, and usually, such a situation will lead to a directional choice afterward.