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The recent rally of Ethereum's trend is quite intriguing. After a rapid surge, it immediately pulled back, giving a strong sense of a dump—probably to shake out the bullish traders following the trend. The range between 2900 and 3050 has been tested repeatedly for a long time, with numerous shakeouts along the way. From the candlestick patterns, this kind of oscillation within the range often indicates that the next move won't be gentle. It's highly likely that enough accumulated momentum will lead to a sharp drop to release pressure. Based on this logic, the space should be waiting below.