Ethereum rebound from 1653 low, reaching a high of 1732, currently oscillating near 1721 at a high level, with a clear bullish trend compared to Bitcoin, Bollinger Bands opening upward, price closely following the upper band, short-term bullish trend still continuing, but KDJ indicator turning high, momentum slowing down, indicating a technical pullback demand. OBV volume remains above the moving average, suggesting the rebound still has capital support, and the selling pressure at high levels is temporarily weak. The current market is in a phase of technical correction after bottoming out, with high-level oscillations being a normal rhythm.

In the short term, prioritize waiting for a rebound and stabilization signals, do not blindly chase highs.
Resistance above: 1732 intraday high, after breaking through, look towards the 1750-1780 range. Support below: Bollinger middle band at 1719, 1715-1700 range is a key pullback level, if not broken, there is still a chance for a second surge.