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$ETH Early morning Ethereum dipped to around 2263, then stopped falling and rebounded, without breaking down further, followed by a wave of recovery, and the current price has returned to near the 2300 level.
From the trend, the support at the 2260 area is still quite evident, as it has been tested multiple times before.
After retracing to this area early in the morning, it was quickly pushed up by funds, indicating that the buying support below still exists.
Although the current rebound strength is not particularly strong, the bulls have already begun to gradually exert effort, and the price is gradually moving away from the lows.
If it can hold above 2315 in the short term, market sentiment is expected to continue warming up, and attention can be paid to resistance levels around 2345 to 2360.
This early morning dip was more like a quick shakeout rather than a complete trend reversal. The market has not shown sustained panic selling, so there is no need to be overly bearish.
Overall, the support around 2260 has been validated. As long as the price remains above this level, the short-term view can be a consolidation rebound, and further space can be considered after confirming stabilization. #以太坊基金会解质押约4890万美元ETH