$ETH MarketRebound: technical signals and fundamentals aligned

Ethereum ($ETH) continues the recovery of the crypto market with solid fundamentals and an encouraging technical chart. After consolidating above the 50-day moving average, the asset is now testing the resistance of $3,300, with increasing volume - a possible precursor to a breakout.

Technical indicators:

RSI at 61, still with room for more upside before overbought conditions.

MACD in bullish crossover, reinforcing positive momentum.

Strong support at $3,050, an old resistance converted.