After a precise rebound from the Ethereum support level of 2960 in the early morning, it is currently stable near the 3000 mark, completely validating yesterday's prediction of a 'downward probe to build a bottom followed by a rise.' This position is not only the resonance area of the 4-hour Bollinger middle band and the EMA30 moving average but also the key support level of last week's breakout platform. The stability of the technical structure lays a solid foundation for the rebound.

The current price has regained the 2980 neckline level, with the 1-hour MACD forming a golden cross above the zero axis, and the green momentum bars continue to expand. Meanwhile, the OBV energy flow indicator has synchronized and climbed to recent highs, showing a systematic inflow of buying funds. The effective cooperation of trading volume during the rebound process further reinforces the reliability of bullish momentum. #美联储回购协议计划 $ETH

It is recommended to use 2980 as the boundary line for long and short positions during the day. Stabilizing at this position allows for continued holding or phased layout of long positions, with the defensive point set below 2960. The primary target above looks towards the 3050 pressure area, and after a breakout, it is expected to test the 3080-3100 region. As long as the price remains above the 2960-2980 support range, the oscillating upward pattern will remain intact.