Ethereum has begun to stabilize gradually after touching the 24-hour low of 2,910.00. From a technical perspective, several key signals are simultaneously indicating a rebound.
On the KDJ indicator, the J line has rapidly risen above 100, suggesting that the short-term oversold condition is being quickly corrected, and the rebound momentum should not be underestimated. At the same time, the MACD also shows positive signals—the histogram has shifted from negative to positive, and the DIF line has turned upward, indicating that short-term bullish momentum is re-accumulating.
Looking at support levels, the lower band of the Bollinger Bands (2,914.46) provides clear support. The price has bounced after testing this level, indicating that this price zone has become a relatively stable technical support.
Considering these signals collectively, the probability and strength of Ethereum's short-term rebound are quite high. For traders focusing on market price operations, this is indeed a noteworthy opportunity.
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DAOTruant
· 18h ago
As long as the Bollinger Bands hold, it indicates that the market maker is interested. However, it's hard to say how long this rebound can last. I'll wait a bit longer before jumping in.
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0xOverleveraged
· 19h ago
Dropped back to 2910? Looks like the bottom is really here, with KDJ soaring over 100, the oversold correction is really happening.
The MACD histogram has also turned positive, feels like there's a chance... but don't get too optimistic, this kind of rebound signal has appeared several times before.
The lower band of the Bollinger Bands is holding firmly, this position is indeed interesting, could try a small test.
Does anyone dare to buy at this price level? I'm still waiting.
All indicators are aligned, should we gamble on a short-term move? The probability of a rebound is indeed quite high.
KDJ and MACD turning together, how long has it been since I saw that? Feels interesting.
Can the 2914 line hold? That's the key. No matter how good the technicals are, it depends on whether it can break through.
The short-term trading opportunity is here, but risk control is essential, everyone.
DIF is turning upward... will this be another false alarm this time?
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TestnetFreeloader
· 19h ago
It looks like it's another moment for technical analysis storytelling, with KDJ soaring and MACD turning positive... I've heard this explanation too many times before.
The Bollinger Bands support is indeed solid, but the real test is whether it can hold above 2910.
The rebound has been quite strong, so why is it always so easy to get crushed down?
Is this a genuine rebound or a false signal? Let's wait and see how it develops later.
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PhantomMiner
· 19h ago
There is indeed support at the bottom, but how far the rebound can go depends on whether it can stabilize above 2950 later.
Ethereum has begun to stabilize gradually after touching the 24-hour low of 2,910.00. From a technical perspective, several key signals are simultaneously indicating a rebound.
On the KDJ indicator, the J line has rapidly risen above 100, suggesting that the short-term oversold condition is being quickly corrected, and the rebound momentum should not be underestimated. At the same time, the MACD also shows positive signals—the histogram has shifted from negative to positive, and the DIF line has turned upward, indicating that short-term bullish momentum is re-accumulating.
Looking at support levels, the lower band of the Bollinger Bands (2,914.46) provides clear support. The price has bounced after testing this level, indicating that this price zone has become a relatively stable technical support.
Considering these signals collectively, the probability and strength of Ethereum's short-term rebound are quite high. For traders focusing on market price operations, this is indeed a noteworthy opportunity.