Ethereum is currently around the 3160 level, and recent trends are quite interesting. From a technical perspective, this wave of market movement exhibits the typical double-bottom pattern—an old trick where the market maker accumulates positions at the bottom to attract bullish traders, then creates a sense of being left behind before rapidly pushing the price higher.

But this time, the initial bullish traders who entered early are likely to get trapped. Why? Because after breaking through 3160, it's difficult for the price to immediately sustain a continuous upward momentum. Instead, the next key target should be around 3058.

If the upcoming trend can replicate the rapid movement seen in November, it might reach this target within two days. But the prerequisite is that trading volume supports it. For now, holding onto the 3058 level is already considered a success.

Many people in the market are discussing this pattern, and opinions are quite consistent. The key is to wait for the specific performance when the trend starts to confirm.