The daily chart of Ethereum ($ETH ) has recently shown a typical pattern of alternating bullish and bearish fluctuations. The K-line bodies are gradually shrinking, and the upper and lower shadows are frequently intermingled. From a technical perspective, the Bollinger Bands are continuously narrowing, the MACD indicator is repeatedly entangled near the zero axis, and the moving average system is gradually coalescing. The current price fluctuation range has been compressed to between key support and resistance levels, with further space compression. In the short term, there is no clear directional momentum. It is expected that the initial part of this week will continue the oscillation rhythm of last week. Before facing a directional breakout, a short position can be considered near the 2560 range, targeting 2480.