• Prices are starting to rebound from the 2015.55 low point, reaching a peak of 2076.00, currently trading above the middle line of the Bollinger Bands (2067.28), with the middle line serving as strong support, and the lower line (2064.35) acting as the second line of defense.

• The width of the Bollinger Bands is expanding upward, indicating a typical bullish trend structure. The short-term upward momentum has not fully exhausted, and a rebound to the middle line is a buying opportunity.

2. Price structure and fund conditions

• The rebound low point is gradually increasing, with the peak continuously rising, clearly indicating an upward trend; daily net inflow +117M USDT, strong support from funds, and the rebound is backed by capital.

• During the rebound, volume is in line with expectations, with no large volume signals indicating stagnation in the rise, and the continuation of the upward movement is quite strong.

3. Correlation verification

The movements of ETH and BTC are highly correlated. The short-term bullish trend of Bitcoin is clear, providing strong support for ETH rebound. The bullish resonance effect is clearly visible $BTC $ETH