Ethereum is currently experiencing a rebound from the 2-day moving average, with 2780 being the lower boundary of the 2-day box. Support is relatively effective. Small and multi-level bullish divergence indicates a rebound demand. 8-hour golden cross, forming a bottom structure. From the market perspective, this wave is undergoing a bottom consolidation phase, and the consolidation is ending. There is hope for a rally~~~ ending the 2-day moving average rebound. The most important time cycle today is the 15-minute~~~ the bottoming process will complete this morning with this rebound~~ If it doesn't bottom out, it might lift the 2-hour level~~ breaking through the resistance at 2941~~ Risk lies in the 2-day death cross~~ releasing a second red energy bar~~ Upper resistance zone: 2980-2990-3050 Lower support zone: 2890-2864-2825-2815 The key price today is 2910~~ If it doesn't break downward, it may continue upward~~
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$ETH
Ethereum is currently experiencing a rebound from the 2-day moving average, with 2780 being the lower boundary of the 2-day box.
Support is relatively effective.
Small and multi-level bullish divergence indicates a rebound demand.
8-hour golden cross, forming a bottom structure.
From the market perspective, this wave is undergoing a bottom consolidation phase, and the consolidation is ending.
There is hope for a rally~~~ ending the 2-day moving average rebound.
The most important time cycle today is the 15-minute~~~ the bottoming process will complete this morning with this rebound~~
If it doesn't bottom out, it might lift the 2-hour level~~ breaking through the resistance at 2941~~
Risk lies in the 2-day death cross~~ releasing a second red energy bar~~
Upper resistance zone: 2980-2990-3050
Lower support zone: 2890-2864-2825-2815
The key price today is 2910~~ If it doesn't break downward, it may continue upward~~