Ethereum dropped significantly to 3104 yesterday, very close to the support level of 3020. The rebound that followed also saw a large trading volume, and yesterday's close was a hammer candle with high trading volume, indicating that both buying and selling pressures for Ethereum are quite strong.

Positive factors are starting to emerge, as there are clear signs of recovery in Ethereum ETF buying, which allows for optimism about Ethereum's future market.

However, in a double top structure, once the neck line is broken, it becomes an important resistance level.

Moreover, the large trading volume during yesterday's drop indicates strong selling pressure, so it is likely that a second test will be needed.

Therefore, the most likely scenario moving forward is that Ethereum will rebound and test the neck line resistance level, and after a failed breakout, it will conduct a second test.