ETH recently attracted a lot of attention with a key support bounce and rebound. What does this rebound really mean? The answer can be found by looking at the chart.

From a technical perspective, the rebound point of ETH coincides precisely with the intersection of the Fibonacci retracement level at 0.168 and the 1.618 retracement level of the decline. This is no coincidence—these levels are often where major funds focus their liquidity. After breaking through the 15-minute supply zone, the price retested this area but did not break below, providing traders with a clear long opportunity. The next target points to the area below the high liquidity point.

However, one point to note is: the overall trend direction has not changed yet. In this context, short-term trading opportunities exist, but expectations should be managed carefully. After all, liquidity is still relatively weak at this stage, and U is still under pressure. It’s wise to take profits promptly when the opportunity arises.

The success or failure of trading often depends on details—strategy execution must be precise, and risk control should come before profits. Remember this order to survive longer in a volatile market. Stay tuned for ongoing market developments; more trading opportunity analyses will be updated continuously.