Oh my, this ETH one-hour candlestick chart is all about the heartbeat! It looked like it was about to drop to grandma's house (around 3526), but then a 'carp leaps over the dragon gate', and it shot up to nearly 3650! This nearly $130 violent surge has left how many shorts without their pants? Today, Qiu Ge will dissect and analyze this 'resurrection' market for you, and see if this momentum can continue!
Technical Aspect: Why is 3526 the 'vital point'?
Precise Support: ETH rebounded seconds after dropping to 3526, indicating this level is the bottom line fiercely defended by bulls, combined with the BOLL lower band (3551) oversold signal, if bears can't push down further, they must close their positions to escape.
MACD holds secrets: Although DIF and DEA are still underwater, the green bars suddenly emerged (+12.83), indicating that the downward momentum is weakening, a short-term rebound is likely.
Pressure is visible: After rushing to 3647, it was pushed back at 3650, and the trading volume shrank (120,000 vs average volume 200,000+), without additional funds, it’s just nonsense!
News Aspect: Did Trump's tariffs unexpectedly become a 'savior' for the crypto world?
Trump threatens a global tax increase of 15%-50%. The market trembles at the mention of 'uncertainty', and some funds treat ETH as a safe haven, igniting a technical rebound.
But don’t get carried away! If tariffs truly trigger a global economic recession, risk assets (including ETH) will inevitably suffer; this favorable news is merely an 'emotional quick fix'.
Qiu Ge's Viewpoint: 3650 is the line between life and death!
Breaking above 3650: If it stabilizes with increased volume, the next target is 3700 (second resistance), even challenging the 4000 mark (weekly channel breakout point).
Unable to stabilize at 3650: There’s a high probability of a 'dead cat bounce', retracing to 3570 → 3526, breaking down directly leads to a cooling off.
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