Ethereum violently surged 11%! Is it a rebound or a reversal? Key points to watch

Ethereum's surge today from the range of 2150-2395

(with a minimum increase of 11.4%) indeed allowed many to recover some losses

The market has shown a clear structure: first, a technical repair after a significant drop

with support being established in key areas

along with large funds bottoming out and short sellers taking profits creating a resonance

finally breaking the vicious cycle of the past few days【decline→forced liquidation→further decline】

In simple terms, after market sentiment reaches an extreme, someone will always calm down

When panic selling comes to an end

some funds start to recognize the value at this level

naturally leading to buying pressure

And once the rebound triggers some short stop-losses

it easily forms a short-term【rebound→short covering→continued rebound】positive feedback

This script is too common in leveraged markets

Now, what everyone is most concerned about is, is this a technical rebound after a sharp decline

or the beginning of a trend reversal?

In my view, although a nearly 11% increase in a single day is fierce

true trend reversal still requires more signals for confirmation

The key is whether Bitcoin can stabilize in sync

and whether macro factors (like the Federal Reserve's policy direction) cooperate

Additionally, whether trading volume continues to expand

and whether funds are steadily flowing in through compliant channels like Ethereum ETFs

are all key points to observe going forward

The market is always cycling through human weaknesses and the amplifying effects of leverage

This time, it merely proves once again:

the sharper the drop, the more fierce the rebound often is