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From a technical perspective, Ethereum successfully stabilized around $2,880 and then strongly broke through the recent consolidation range, currently standing above $2,955. The hourly chart shows the price moving along the upper band of the Bollinger Bands, with the MACD forming a golden cross above the zero line, and volume gradually increasing, indicating strong short-term buying momentum. If it can hold above $2,950, the next target will be the psychological levels of $2,980-$3,000.
The market structure shows positive signals, with the 4-hour chart forming a bullish "Morning Star" pattern, and the price has returned above the key moving average system. Funding rates have shifted from negative to positive, reflecting a rapid recovery of market sentiment from data shocks, with bullish funds beginning to re-accumulate. On the daily chart, the upward channel remains intact, and the overall trend pattern has not been disrupted.
Operationally, it is recommended to focus on a pullback long strategy, paying close attention to the support strength in the $2,930-$2,950 range. A confirmed breakthrough above $2,980 could accelerate testing the resistance zone of $3,020-$3,050. Keep an eye on the sentiment transmission after the US stock market opens; if the price retraces without breaking below $2,920, the short-term bullish structure remains unchanged. It is advised to set risk controls below $2,900. #市场触底了吗? $ETH