Ethereum (ETH) has been performing remarkably recently. From the technical indicators, ETH has shown a clear downtrend, which can be described as a typical big dump trend. However, upon deeper observation of the trading Depth, we find that American investors seem to be trying to reverse this technical trend.

However, it is worth noting that the current average cost is far from the target price level. Even if the repair work continues until 4 AM, it may not achieve the desired effect. Nevertheless, considering that some investors may adopt aggressive strategies, it is not impossible to directly drive up the price.

Given the current market conditions, we recommend a wait-and-see approach for the time being. It may be wiser to conduct further assessments tomorrow morning. Currently, some investors are holding strong, but the liquidity during the day tomorrow may be insufficient, which could affect profit realization.

Overall, the short-term trend of ETH still has uncertainties. Investors need to closely monitor market trends, weigh the changes in technical indicators and market depth, and make prudent investment decisions.