#数字资产市场动态 📊 How to view Ethereum technicals

In the past two days, ETH has dropped to around 2910, which is the trendline and strong support level. Essentially, this is a concentrated release of market sentiment.

Let's review the current key levels:

👇 The bottom defense line is at 2910—this is a critical level that must not be broken. As long as there is no increased volume on the 4-hour chart breaking below this price, it indicates that the bulls still have strength to resist.

📈 Confirmation signal for a rebound is in the 2980 to 3000 range. Only if the price can re-establish above this zone can we confirm that the bottom has truly formed.

If this logic holds, the subsequent targets are relatively clear:
- First target: 3050
- Second target: 3130
- Third target: 3220

🎯 Core judgment: ETH's recent decline is essentially a structural correction after a rapid adjustment. It’s not a trend breakdown; as long as support holds, there is still room for a rebound.

The key is whether the price can stay above 2980 and whether there is continued volume-driven decline on the 4H level. Both conditions need to be met for the bulls to regain control.