🔍 Market Trend Analysis: Is it a "Real Breakout" or a "Weekly Fake Breakout"?

The current market is at a very sensitive "structural critical point."
1. Weekly perspective:
From the high point at the beginning of the year (around $3,200) down to the February bottom (around $1,800), ETH has been attempting a V-shaped reversal throughout April.
• Suspected false breakout signals: This week, ETH tried to break through the important weekly resistance level at $2,400 (approximately 78,000 TWD), but then quickly retreated. If this week (before Monday 8 AM close) cannot stabilize above $2,380 and leaves a long upper shadow, then from a technical standpoint, this is indeed a weekly fake breakout (SFP, Swing Failure Pattern).
• Volume follow-up: The most concerning aspect is that during this push toward $2,400, the trading volume did not significantly increase, indicating insufficient buying momentum at high levels, which could easily turn into a "bull trap."
2. Daily chart shakeout:
On the daily chart, we see a clear "long and short trap." The price repeatedly fluctuates between $2,300 and $2,380.
$ETH