In this wave of market movement, Ethereum has performed quite resiliently. After a period of adjustment, the market is beginning to show clear signs of rebound, and large funds seem to be gradually entering.

From a technical perspective, the short-term pullback is just a normal shakeout, not enough to change the current bullish outlook. As long as the fundamentals do not reverse, the bullish logic remains fully valid. Market sentiment is also gradually recovering, with many investors re-evaluating Ethereum's value.

The key is whether it can effectively break through the previous resistance level. If it can hold this position in the subsequent sessions, reaching $3,500 is not a dream. For friends holding long positions, volatility is normal; the key is to maintain the right mindset and not be scared out by short-term fluctuations.