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🔥 This morning's full-scale surge! ETH strongly rebounds, and the bulls are fully awakened!
BTC: Breaks through 69,000 USDT, +2.68% intraday
ETH: Firmly holds above 2,100, violently rebounds from lows +5%+
The entire market is rising across the board, shorts are continuously liquidated, and funds are flooding back in
💥 Why the sudden surge? Three core drivers
1. Geopolitical easing + rate cut expectations double boost
The Middle East situation cools rapidly, inflation pressures ease
The Fed's probability of rate cuts in June soars, real interest rates decline
Funds are pouring heavily from USD and gold into the crypto market
2. Institutional bottom-fishing, ETH ETF attracting more capital
Regulated funds are no longer on the sidelines, BlackRock and iShares ETH ETFs continue to see net inflows
Large capital considers around 2,000 as a medium-term golden dip
3. Technical oversold rebound, short squeeze
ETH has been oversold for several days (RSI approaching 30)
120x leverage short positions are being liquidated en masse, creating a short squeeze
Key support at 2,020 holds, bulls launch a strong counterattack
🎯 Ethereum key levels
Strong support: 2,080 → 2,050 (dare to buy on pullback)
First resistance: 2,130 → 2,150 (breakthrough targets higher levels)
Mid-term goal: Hold above 2,100, open up space for 2,300+
✅ Leader's view
This is not just a rebound; it's a recovery of bullish sentiment + institutional accumulation
Below 2,000 is confirmed as a golden dip
Don't panic with high leverage, move stop-losses to protect profits
As long as 2,080 holds, the ETH bullish trend continues
💡 One sentence summary
All negative news is now bullish! ETH's violent rebound, holding above 2,100 is the start of a new wave!