It's more than 10 minutes until 8 o'clock. If Ethereum continues to stagnate at this level, I think the weekly chart will look very ugly. Honestly, I have already planned to reduce my long positions—better to take the initiative than to be passively hit. From a technical perspective, Ethereum is likely to retest around 2830 to find support. This is a critical observation window, and the upcoming performance will be very telling.