The monthly K-chart of Ethereum ($ETH ) has shown a continuous decline in market conditions over the past six months, but the monthly line is about to close, and the overall trend has gradually converged as the turning point approaches. Observing the market, the recent doji candlestick patterns have provided good support, while multiple bearish candlesticks above indicate that pressure has been gradually released. On April 22, it rose from around $1500 to above $1700, and the recent trend shows signs of bottoming out. If it can stabilize, a new wave of rebound may unfold subsequently. The focus for future observation remains on the stability of volume and key support.