$ETH

Focus on the 2940 level for ETH today! Only if it steadily stands above 2940 can the 1-hour level truly start the rebound mode. Pay attention to the resistance levels around 2980 and 3015!

If the rebound cannot push above 2940, it indicates insufficient strength, and we will have to retest the previous low of 2870.

If 2870 holds, there could be another small rebound; however, if it breaks, watch the support levels at 2820-2780-2740.