$ETH 🔥🔥 Trend Analysis!!!


Sister Star observes the intraday hourly chart; currently, it is a typical rebound after an oversold condition, entering a consolidation and buildup phase.
The short-term MA7 has already turned from downward to flat, and the price (around 2307) has just broken above MA7, indicating that the short-term bearish momentum has been absorbed.
MA25 is currently near 2297, almost glued to the price, having shifted from strong resistance to short-term support.
MA99 remains above at around 2347, serving as the next strong resistance.
The price rebounded from the low of 2252, with several consecutive bullish candles, accompanied by increased volume, indicating good buying momentum.
Recent candles are small bullish or doji stars, suggesting that after rebounding above 2300, bulls and bears are engaged in a brief tug-of-war, with no continued volume-driven rally or quick pullback, indicating healthy consolidation.
Support: 2290-2300 zone; holding here means the rebound structure remains intact.
Resistance: 2340-2360 zone; breaking through this can open upward space to challenge the 2400 level.
Hold the 2290-2300 support, and with volume, break through the 2360-2400 resistance zone.
First target: 2450-2500, with a medium-term view of the 3400 USD recovery target mentioned by institutions.
Fundamental recovery plus capital inflow drive valuation repair; breaking out of the downward channel opens upward space.
The bulls and bears are still in a tug-of-war at this position; don’t rush!!! #美伊冲突再起引发市场动荡
ETH-0.71%
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