ETH’s one-hour rebound momentum is strengthening, with price firmly holding above the middle Bollinger Band. Previous resistance has successfully turned into strong support, and the short-term bullish structure has been re-established. On the indicator side, MACD has formed a golden cross, red momentum bars continue to expand, and buying pressure is being released; trading volume is also rising in sync with the rebound, signaling capital inflow. Although KDJ has already entered overbought territory and there is a short-term need to pull back and digest profit-taking, this is more likely a consolidation during an uptrend rather than a trend reversal signal. The first short-term resistance is seen at the upper Bollinger Band around 2512‑2514. If price can hold above this range with increased volume, the market will further open upside space and may challenge the previous high at 2547. Only if price falls back below the middle band would the short-term bullish view need to be revised.
Ethereum reference: long at 2502, target 2542, stop loss 30 points$BTC $ETH