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$ETH Ethereum bottomed out at 2258 and formed an inverse head and shoulders pattern, currently trading around 2326. In the short term, bullish momentum is concentrated and being released, and the price has regained above multiple cycle moving averages.
Resistance above is focused on the 2340-2360 range, with strong resistance at the previous high of 2404; support below is at the 2300 level, and if broken, it could test around 2280.
The 1-hour MACD has a bullish crossover upward, and the 4-hour price has re-entered above the key moving averages. The overall rebound after a decline is preliminarily confirmed. In the short term, follow the trend with a low-buying strategy. If support holds during pullbacks, continue to position; if the rebound faces resistance, consider light short positions. #加密市场小幅下跌 $ETH