Ethereum successfully solidified the key support at $2890 during the early hours, with multiple tests failing to break below and accompanied by rapid rebounds. This indicates a strong buying interest beneath this level. The price has formed a clear defensive pattern locally, providing a technical basis for subsequent rebounds.

If the price can further stabilize above the $2930 level in the early session, it suggests that the short-term consolidation pattern may be broken, and upward momentum will be strengthened. At that point, the price is expected to attempt to retest the $2950 level or even higher resistance zones (such as $2980-$3000), forming a new short-term upward trend.

Overall, Ethereum's resilience at the key support level has created a relatively bullish technical environment. The next focus should be on the confirmation of the $2930 level; if volume increases and it stabilizes, it can be seen as a bullish signal. Trading strategies may consider entering positions after effective stabilization, with stop-loss set below the $2890 support to prevent false breakouts. #ETH走势分析