Since the high point at the beginning of the year, Ethereum ($ETH ) has shown a continuous decline with weak structure characterized by lower lows and lackluster rebounds, until early April when a weekly candlestick pattern formed a large-volume doji bullish line, signaling an initial bottoming formation. After a significant surge, the daily chart has entered an adjustment phase, with the current price having preliminarily broken through the blue downward trend line resistance, but the increase in trading volume is not significant and remains below the levels during the large drop in February, indicating that market participation is relatively cautious and the validity of the breakout still needs subsequent confirmation.