Ether broke through 2700 last week, followed by a noticeable pullback and then a reduction in volume with fluctuations. From the technical chart, both the four-hour and daily charts show a clear upward contraction and range oscillation in the Bollinger Bands, and the MACD has also shown a convergence pattern. Currently, the market is trying to stabilize above 2600, but overall market liquidity is still too low, especially the lack of new funds is significant, making it difficult for the market to experience another strong rebound in the short term. To put it bluntly, this round of pump resembles a bull trap, with a false rise but a real fall.