From the current four-hour perspective of Ethereum, after the price fell to the 2872 line in the early morning, it stopped falling and rebounded. The price is now back above the 3000 mark. In terms of indicators, the KDJ three lines are about to converge to form a low-level golden cross pattern. Looking at the volume, the short positions' rhythm has obviously slowed down. If it can break through the four-hour Bollinger Bands middle band resistance line during the day, it will likely continue a good rebound.

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