The daily and four-hour timeframes are forming resonance. Ethereum showed a long lower shadow during its pullback. The current candlestick has turned positive and stabilized, with support at lower levels clearly strengthening and selling pressure continuously weakening. This combination indicates that the short-term downward momentum has slowed, the bearish force has been released in stages, and the bulls are initiating a technical rebound based on key support levels. The market is gradually shifting into a phase of oscillation and consolidation.