From the 5-minute timeframe, ETH is in the final sprint of the 9-stage upgrade, and this phase of the market has just formed a double-center divergence structure—indicating a clear bearish signal. Looking at the 1-minute details, although divergence did not appear in the last segment, the trend pattern is already quite perfect and basically meets the termination conditions. Based on the combined performance of the two timeframes, it is highly likely that there will be a relatively obvious downward trend tonight.