0.9 miles from Punchbowl Cove to shelter at Punchbowl Lake (M23). This is considered Misty Fjord's most popular trail. It begins as a combination of boardwalk and natural tread. As the route starts to gain elevation, stairs are notched out of old fallen trees and switchbacks lead up the slope. While the climb is quite steep, there are many vantage points where you can stop to catch your breath, only to have it taken away again by the beauty of the landscape. At the 0.5 mile point, the trail appears to dead end at a spectacular waterfall. The last section of trail follows the stream to the corner of Punchbowl Lake where soaring granite cliffs fringe the lake. Punchbowl Lake has an island in the center of it, on which there is a small lake. From above, it was thought to resemble a ring of ice floating in a punchbowl - hence the name.