Ethereum's recent performance is indeed worthy of follow. From on-chain data, the signals of continuous capital outflow are very clear, reflecting changes in market sentiment. Multiple resistance levels have formed in the market data, and the previous bottom support has also been breached — this usually indicates that market makers are adjusting their positions.

In the current market environment, the Federal Reserve's policy expectations are indeed heating up, which has introduced new variables to the liquidity of Bitcoin and Ethereum. Against this backdrop, the technical aspect of Ethereum appears quite weak. In the short term, the price level of 2900 may become a key observation target.

If you have positions, it is advisable to set up stop-loss levels, especially in this period of higher uncertainty. The market volatility may continue, so good risk management is key.