After the last weekly oversold condition, Ethereum rebounded by 119%. This time, after a weekly oversold condition, it rebounded by 93%. The weekly range of fluctuations is actually quite wide. It has broken below the upper green range of 4000 to 2800, and is currently experiencing wide fluctuations in the red area. We do not make predictions on whether it can break above 2835 and return to the upper fluctuation range. Currently, the daily RSI is overbought, and the weekly is also approaching the overbought zone. For those holding at the bottom, it is advisable to take profits in batches at highs and raise stop losses. Whether it can break through is unpredictable, and from the indicators, there is a demand for a pullback. It is certainly not advisable to chase high prices here. It is fine to look for positions on a smaller scale to capture some rebounds, but do not enter without a stop loss, as there are plenty of opportunities in this market. At worst, wait for the next weekly overbought condition to buy in courageously. On a smaller scale, one can wait for the 4-hour RSI to become oversold before entering for a rebound. Currently, the daily level is in a bullish trend.