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#加密市场反弹 The cryptocurrency market is experiencing a rebound. Ethereum (ETH) has quickly surged from a low of $3353 on August 3, and is currently back around $3545, with a 24-hour increase of over 1.4%. The chart shows that ETH rebounded at a key support level after a series of declines, forming a relatively clear V-shaped structure in the short term, with trading volume increasing and buying power strengthening.
The factors triggering this rebound include rising market expectations for a Federal Reserve interest rate cut, combined with some mainstream project funds flowing back, resulting in an overall recovery in risk appetite. Currently, ETH is attempting to break through the resistance at the $3550 level. If it can hold this position and continue to increase in volume, it is likely to further challenge previous highs.
However, from a technical perspective, ETH is still in a mid-term downtrend, and whether it can maintain the upward momentum will depend on volume and macroeconomic changes. Short-term operations should be cautious of the risk of pullbacks after reaching highs, and it is advisable to pay attention to the two key levels of $3550 and $3600.