Ethereum is currently reported at 2,951.57, stabilizing after successfully forming a "double bottom" structure at 2,870.00. It is currently positioned above the middle band of the Bollinger Bands, with a clear bottom reversal and oscillating upward structure on the 4-hour level. Bullish forces have organized an effective counterattack in the key support area, and the short-term technical pattern is gradually strengthening.
The current key support for the pullback has firmly shifted up to the 2,935–2,950 area. The primary resistance above is located in the 3,000–3,050 range. A successful breakthrough of this pressure band will confirm an increase in rebound momentum and open up upward space to 3,100–3,150.
It is recommended to gradually buy in batches as the price pulls back to the 2,935–2,950 range, with a strict stop loss below 2,870 and a target of 3,000–3,050. If the price breaks through 3,050 with volume, you can lightly chase more with a target above 3,100.

ETHUSDT
Perp
2,945.51
+0.78%