$ETH **Ethereum Strongly Rebounds, Market Sentiment Warms Up**

Recently, Ethereum (ETH) has performed remarkably, with its price breaking through $2,687, a 24-hour increase of 6.27%, and a trading volume exceeding $2 billion, indicating a significant rise in market activity. In terms of technical indicators, the Bollinger Bands (BOLL) show an upward trend, and the short-term moving average (MA5) has crossed above the long-term moving average (MA10), releasing positive signals; however, the MACD remains negative, suggesting that bullish momentum has not yet fully established.

This rebound may be related to favorable factors such as the development of layer-2 network ecosystems and expectations for ETF expansion. However, investors need to be cautious of volatility risks, as the price of ETH fluctuated within a range of $216 in the past 24 hours, and market sentiment remains quite sensitive. If it can stabilize at key resistance levels, ETH may enter a new upward channel; conversely, it may pull back to support levels for consolidation. It is recommended that investors combine technical analysis with fundamental analysis for cautious positioning.