Last night, Ethereum successfully established a short-term bottom at $2864, followed by a strong rebound with rising volume and price. This morning, it has regained the important psychological level of $3000. This trend clearly indicates that there is strong institutional buying support in the $2860-$2880 range, and the market is refusing to decline sharply at key levels, with bulls showing firm willingness to defend.

Currently, the price is engaging in a new round of battle around the $3000 mark. Although this area was previously a dense accumulation zone, the volume-driven rebound last night has injected new upward momentum into the market. If the price can hold above $3000 during the day, it is expected to further challenge the resistance zone of $3050-$3080. Technical indicators show that the RSI has quickly recovered from oversold territory, and the MACD is showing signs of a bullish crossover above the zero line. Overall, the structure remains bullish.

Looking ahead, as long as the rebound trendline at $2950-$2980 is not broken, the upward wave initiated at $2864 is likely to continue. Investors should focus on the consolidation around the $3000 level. A successful breakout could target the next levels at $3050 and previous highs. #Gate每10分钟送1克黄金 $ETH