$ETH From a technical standpoint, the Ether rebound shows a strong momentum, but it still needs to overcome key resistance levels to confirm a long-term trend. Here’s an analysis of several key points:

Support and Resistance: ETH has successfully broken through the resistance level at $1,680 in this round of rebound and stabilized at $1,750. In the near future, the range of $1,850-$2,000 will become the next important resistance zone.

If ETH can break the $2,000 mark and hold above the 200-day moving average (around $1,990), it may further test the historical resistance level at $2,250 or even higher at $2,500. Otherwise, if it fails to hold support at $1,570, the price may return to the range of $1,490 to $1,400.