$ETHFI surged to 0.73800 and still up +10.08%—let me pour some cold water first. The 24h trading volume is 7.3M, so it’s not like nobody’s watching, but after a surge like this, the worst thing is to step into a gap. They say today’s funds are starting to rotate back into old narratives again. My view is simple: don’t treat a single big bullish candle as a trend. You can go into the token page to check the 1h chart—most importantly, see whether the pullback near 0.72693 shows reduced volume. If the order book gets thin as soon as it drops, even a move that looked very hot earlier can quickly turn into high-level relay buying. Last time, after a similar surge, when it failed to hold the middle of the first bullish candle, the next day it just ground back. I’m not in a rush here: let 0.76014 hold with volume before talking about continuation. If it falls back below 0.71586, I’ll treat this leg as only a sentiment rebound. I’ll also take a quick look at the 5-minute order book: if buy orders only poke out around whole-number levels and cancel fast, don’t get fooled by the superficial heat. Especially remember to check whether the trading volume can stay at elevated levels for two consecutive hours—if it breaks, stop for now. Don’t chase too quickly.