Ethereum tested the 2120 level three times in the early morning without breaking through, establishing a solid "triple bottom" support structure and stabilizing into a rebound. The price has currently recovered to around 2160, with the early morning bullish outlook successfully materializing. From the four-hour structure perspective, the 2100 level has been repeatedly consolidating, with each dip quickly recovered, indicating clear buying interest at this level and laying a solid foundation for the rebound.

The short-term moving average system is beginning to turn upward, with MA5 and MA10 about to form a golden cross. The K-line has stabilized above short-term moving averages, providing technical support for the rebound. The MACD bearish momentum histogram continues to converge, with fast and slow lines merging below the zero line, showing a tendency to form a golden cross, indicating weakening downside momentum and bulls building strength. The RSI has recovered from the oversold zone to around 45, still possessing room for upward correction. 2160, as the lower edge of a previous small platform, has converted to short-term support after breaking through.

Long positions initiated with 2120 support in the early morning can continue to be held. If short-term pullbacks to the 2140-2150 zone don't break, it remains an opportunity to add longs with momentum. The stop-loss can be moved up below 2130. Look first at 2180 above, then at the 2200-2220 zone if broken; if unable to stabilize at 2200 for some time, watch for consolidation and building strength after the rally. The early morning bottom-testing rebound structure is beginning to emerge; trade short-term longs with the momentum. #Gate正式接入Polymarket $BTC