Ethereum's recent trend is indeed quite interesting. After a surge, it quickly pulled back and is now stuck in a range of oscillation. Observing the key level at 3000, the lowest points touched are getting lower and lower, indicating that the selling pressure above is indeed not light. From the pattern of the high points, each rebound is lower than the previous one, a typical sign of weakness.

Considering the impact of the US stock market, there may be another wave of correction after the evening opening. However, for patient traders, this could actually be an opportunity.

SOL and XRP have also been following the overall market trend recently. If Ethereum can regain the key resistance level, it might trigger a rebound across the entire market. But this depends on how the Federal Reserve's subsequent policy signals unfold. For those still on the sidelines, it’s advisable to closely monitor whether this low level can provide effective support before deciding whether to enter the market.