In the early morning, Ethereum showed a step-like upward oscillation. Although the short-term upward force was relatively mild, the overall lows gradually rose, and the bullish structure remained intact. In the morning, it surged to around 2010 but faced resistance and retraced, with a quick drop to a low of 1936 forming a V-shaped reversal, confirming this position as a strong short-term support, and the bearish selling pressure has been exhausted.

The market quickly regained lost ground and returned to the 2010 level, with the price comparison strengthening simultaneously, indicating strong buyer support and significant capital inflow. The hourly MACD has crossed bullishly at a low position, and the RSI has risen from the oversold area, with short-term bullish momentum gradually recovering; the support at 1936 remains effective, and the 2010 resistance level is being tested repeatedly, with a breakthrough likely to open up a new round of upward space.

Overall, the pullback does not continue, and the bottoming out leads to a rebound, establishing a short-term strong pattern. Subsequently, relying on the support zone of 1950—1936, the bulls still have the potential to continue attacking #美国“无王”抗议 $ETH