#NasdaqETFUpdate Confirmed Launch Quick Technical Analysis:
✅ Strong rebound! After dropping to the $2700 level, ETH has seen a strong rise to currently reach $2800 (+6.12%), reflecting increased buying interest.
✅ RSI at 2800 – this indicates upward momentum without entering the overbought zone, opening the door for further rises without selling pressure.
✅ MACD shows a bullish crossover with the MACD line above the signal line (2795), reinforcing the likelihood of the upward trend continuing.
✅ Momentum indicators support the rise: Stochastic indicator (K at 74.49, D at 2850) in a rising state, indicating the continuation of buying strength.