$ETH: The recent bounce came from a strong demand zone ~2.7k, 2.9k, which is holding for now. Current #move looks like a relief rally toward the upper channel, not a confirmed #trend reversal yet. Key resistance: ~3.2k, 3.4k (channel top). Rejection here = likely continuation down. #Bullish confirmation: clean daily close above the channel + hold above ~3.3k. Risk: lose the 2.7k demand → opens path back toward 2.5k. Bias: cautious short-term bounce, macro still needs confirmation. Good for tactical longs from demand, but #trend traders should wait for a breakout. #crypto