From a mid-term structural perspective, Ethereum's rebound momentum still exists. On the 4-hour level, the MACD indicator's golden cross pattern continues to diverge, while the AO indicator operates robustly above the zero line, which provides a solid ladder for price increases, indicating that the mid-term trend still leans towards the positive.
However, short-term momentum has shown signs of weakening. On the 1-hour level, the MACD indicator's fast and slow lines are approaching the zero line, and the AO indicator has also entered negative territory, showing that the market is undergoing a brief consolidation during the upward process. The current price is at the key threshold of $3425; if it can effectively break through, it will open up space for a new round of rebound; conversely, if it faces pressure and falls back, the support area below will be tested, and the market will enter a critical stage of precise game between bulls and bears. $ETH #隐私币生态普涨
