After weekend oscillation, Ethereum has accelerated upward recently. Looking at the hourly level, after price touched the 2200 resistance level, it underwent a wave of top oscillation adjustment. The short-term retracement rise accompanied by capital inflow suggests that the probability of a bull trap here is not high. On the hourly level, there is still an upward oscillating trend. If we can stabilize above 2200 tonight, the bulls will have a long continuation afterward.