Market fluctuations often conceal underlying logic. Recently, Ethereum's performance has provided some interesting signals.

Last week, Ethereum fought around the $2900 level and then broke through the $3010 mark. This rise seemed sudden, but from multiple technical perspectives, there were early signs.

First, let's look at conflicting technical indicators. Ethereum's RSI is at 44%, which is in the bullish zone, but the stochastic indicator shows a 23% bearish signal. Such divergence in indicators usually suggests that the market is brewing for a trend reversal—bulls and bears are in a tug-of-war, and a change often occurs amid this uncertainty.

From a trend position perspective, Ethereum is only about 5% away from triggering a trend reversal. Although currently in a bearish trend, it is approaching a turning point. This means that any key candlestick could change the situation.

Even more noteworthy is the divergence in capital flow. This week, Ethereum ETF net outflows shrank significantly from last week's -$587.5 million to -$139.53 million—the outflow slowed considerably. When capital outflows slow down while prices rebound, such divergence is often a typical feature before a reversal. Large funds are quietly reducing their positions rather than accelerating selling.

The $2900 level has formed a fairly solid support zone. The price has touched this level multiple times without breaking through effectively, indicating that buyers have established a strong defense here. Combining signals from multiple dimensions, it is difficult for the market to continue moving downward unilaterally. Sometimes, market turns happen quietly amid the resonance of multiple signals.