Looking at Ethereum's recent trend, it is a typical long-term sideways consolidation with slight fluctuations. This pattern often hints that a more obvious market movement may follow. What is the essence of sideways trading? To a large extent, it is the market clearing out weak hands. Investors lacking confidence see large swings in other cryptocurrencies and rush to chase hot spots for quick profits, only to be shaken out. Ironically, the moment they exit is likely just before the true launch of this cycle. On the price level, breaking the key level of 3500 is an important point to watch. Whether it can break through or not, the performance in January should provide an answer. Throughout the process, those who hold onto their beliefs often enjoy the subsequent gains.