ETH Morning Trend Analysis

The current trend of ETH shows a continuation of a short-term bullish rebound.

- Clear rebound trend: The price has continued to rise from the previous low point (3355.58), currently settling at 3650.71, firmly above the 7-day moving average (MA7:3447.62) and the 30-day moving average (MA30:3378.92). Additionally, the short-term moving averages are in a bullish arrangement with an upward turn, providing effective support.
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- Short-term rhythm: Although it encountered resistance at 3658.99 and formed a small upper shadow, the overall upward slope has not been broken, which belongs to a "slight profit-taking after a surge" and has not changed the rebound trend.

- During the rebound process, the trading volume has periodically increased (corresponding to the high volume bars in the chart), indicating that there is capital support for the rise; recently, during the volume contraction adjustment, the selling pressure is relatively light, and the volume-price relationship is healthy.

The short-term trend is bullish, currently in a rebound continuation phase. Support below is focused around 3600-3620. If this level holds, there is hope for a continued upward test towards the resistance around 3700. A drop below MA7 (3447) would weaken the short-term bullish sentiment. #广场发币瓜分千U奖池