In the ever-changing landscape of the cryptocurrency market, Ethereum's recent 'reverse' trend is not surprising. Previously, Ethereum surged rapidly, even outpacing Bitcoin in its momentum, breaking through key price levels and reaching new highs. However, market dynamics often work this way: a rapid rise inevitably accumulates excessive profit-taking, and from a technical perspective, it faces serious overbought conditions.

From the perspective of market demand and technological upgrades, although the Ethereum 2.0 upgrade is continuously progressing, and sharding technology has improved network efficiency, while the DeFi ecosystem and NFT market are expanding, when the price rises significantly in a short period and far exceeds its actual value support, a pullback becomes inevitable. It's like a car driving at high speed; after continuous acceleration, it needs to slow down and adjust to ensure safety and stability for subsequent driving.

When most investors in the market realize that the price is inflated, they will choose to sell their Ethereum, triggering a price pullback. Therefore, Ethereum's recent reverse pullback was to be expected; it's just that some investors are immersed in the previous uptrend and unwilling to accept this reality.