ETH rebound is underway💥

The big rebound at the beginning of the year has already started, and many people have already jumped on board, but some friends have unfortunately been trapped. The key now is to see how to interpret it.

From the 1-hour K-line chart, ETH still maintains a bullish pattern overall. The short-term strategy remains to hold low positions without wavering, aiming for the key resistance level at 3200.

In the short term, the market has stabilized above 3080. It’s just a stone’s throw from 3200. The bullish momentum is still continuing, supported by technical indicators, and the rebound energy is still sufficient. The next step is to see if it can successfully break through this previous resistance level.