#加密生态动态追踪 Ethereum's recent movement is actually quite interesting — not long ago, it was trapped in a small downward channel on the 2-day chart, but now it has broken through strongly and is making its first retest at a crucial level. The bullish signals are beginning to emerge.

From a technical perspective, several details are worth considering. The RSI indicator has bounced from lower levels, finally moving out of the previous weak zone. The MACD is also starting to turn upward, with the red histograms showing initial signs, and the rhythm is similar to the previous rebound phase, adding some expectations for the upcoming movement.

But the key point for all of this hinges on one thing: whether the 2-day closing price can hold above 3300.

If it manages to stay above 3300 and, during the subsequent retest, can defend the strong support zone around 3150-3200, the rebound trend will be basically confirmed, and the upward space will gradually open. Currently, the market sentiment hasn't fully warmed up yet, and there is resistance above. In the short term, the focus is on whether the 3600 level can be broken through. As for higher levels, we need to see if 3600 can be firmly established before making further judgments.

On the other hand, if ETH fails to hold the support and drops below the 3000 level, falling back into the downward channel, the bullish framework will be completely shattered. At that point, we might face a longer period of oscillation and consolidation, or even test new lows — nobody knows for sure.

So, the critical point right now is the 3300 level — whether it can be held or lost, which will directly determine if the trend continues to rebound or if it resumes downward movement. Investors need to keep a close eye on these key levels, especially the breakout and support levels, and proceed cautiously with their arrangements.