Ethereum Overall Trend: Oscillating with upside bias, in a rebound and repair phase.

From the candlestick pattern perspective, the price found strong support after touching the intraday low of 2,102.00, followed by a notable rebound rally. Currently, the price has recovered to near the middle band of the Bollinger Bands, indicating that bullish momentum is gradually reclaiming lost ground.

Upside Resistance: The primary resistance level is the upper band of the Bollinger Bands at 2,178.22 and the 24-hour high at 2,174.20. If this zone is effectively broken through, the upside potential will further open.

Downside Support: The first support level is near the middle band of the Bollinger Bands at 2,144, with strong support at the previous low of 2,102.00. As long as the price does not break below the middle band, the short-term rebound is intact.

Watch whether volume can break through the resistance zone of 2,174 - 2,178. If the breakout is successful, it may trigger a new round of uptrend; if blocked here and pulls back, it may continue to oscillate within the 2,144 - 2,178 range. The trend is expected to persist.

ETH at the 4-hour level is in an oscillating upside repair rally. After experiencing a probe down followed by recovery, the market is testing upper resistance. Strategy-wise, it's prudent to adopt a "sell-high-buy-low" approach: pay attention to risk when approaching the 2,190-2,195 resistance zone; if there's a pullback to the 2,110-2,120 support zone and consolidation holds, there is a short-term long opportunity. Be alert that if the 2,112 middle band is effectively broken below, the price may weaken again to test the 2,030 support.
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