#ETH（二饼） Last night's Ethereum pullback scared quite a few people,

Actually, it's quite simple — when encountering previous high resistance, one must first build strength.

The daily chart seems to show engulfing volume, but the bears are not strong, and the overall bullish pattern hasn’t changed.

This fluctuation has two purposes: one is to accumulate energy to break through 4868, and the other is to trap short positions, turning them into fuel for upward movement.

In the short term, one can look for short opportunities, but don’t open short positions carelessly, or you might get caught in a reversal. During Ethereum's fluctuations, valuable coins might quietly gain momentum.