The adjustment of Ether is basically complete, and the price has quickly rebounded after testing the mid-track support. The candlestick has formed a significant long lower shadow at a low level, indicating strong buying power below, laying the foundation for the upcoming upward breakthrough. Observing from the hourly chart, the three bands of the Bollinger Bands are overall extending upwards, and the price shows a fluctuating upward trend while continuously rising, with a clear overall bullish pattern and a steady upward pace.
It is recommended to go long around 3140 and 3170, with the initial target set at 3270, and if broken, look at 3330.
