ETH quickly rebounded after falling at the key support level in the early morning, and this rise was not sluggish; the bears' defense line has basically collapsed. The bottom structure below is slowly taking shape, with the price returning to the neckline area. The MACD shows a golden cross pattern, and the trading volume has also increased, indicating that funds are flowing in, and the momentum of long positions is beginning to overpower that of short positions.

My trading idea is to move in this direction. I will enter long positions incrementally around the 2960 area. The first target is 3070; if there is a breakout with increased trading volume here, it might extend up to around 3170. The key is still to see if the volume can continue to support this; if the volume doesn't keep up, a pullback is likely, so this is something to pay attention to.