After a round of consolidation yesterday, Ethereum is now standing above the 2900 level. In the short-term four-hour chart, the price encountered resistance after reaching the 2986 level and eventually closed with a high-position doji followed by a pullback. The attached indicators show the KDJ lines turning downward, and the bullish momentum is accompanied by obvious volume contraction. It is not recommended to continue chasing longs within this range today, as there is still some room for a pullback below.