#数字资产行情上升 The Ethereum bullish pattern remains intact, with huge potential for a short-term rebound.

From the monthly chart perspective, it is highly probable that $ETH will retrace upward to around 3300, and this level is unlikely to form the final top—more likely just a relay in this round of rebound. There are still 3 weeks until the Federal Reserve’s end-of-month meeting, and based on past patterns, the downtrend usually begins about 2 weeks in advance, which means we have approximately 7 days to complete the rally phase, targeting the 3444 level.

How to view the support line during the pullback? The price of 3088.01 is a key support. From the 8-hour chart, the price is most likely to bounce back and stabilize at the MA30, even if it continues to decline, the downward space is limited. What is the logic here? The red energy bar of the 3-hour MACD begins to shrink, and the price hits new lows simultaneously, forming a typical divergence between price and indicator. Even more interesting is that the hollow and solid bars below the zero line have already formed a symmetrical layout, and the KDJ J-line is approaching the -10 region. The K and D values are flattening, and the downward pressure is significantly easing.

When this combination appears, the reversal signals become quite clear.