#美SEC促进加密资产创新监管框架 $ETH Yesterday’s price action was quite interesting. After starting from 2970, it touched 3084 in the afternoon, then things got volatile in the evening—first dipping to 3028, pulling back up to 3147, dropping again, and finally surging directly to 3213. Each leg of this rebound has been stronger than the last.

Looking at the intraday structure, there have already been two lows at the bottom, and the latter is higher than the former, indicating that buyers are stepping in to absorb at the lower levels. On the hourly chart, the MACD bearish bars are still present but not very strong, plus the Bollinger Bands are tightening, so there’s limited room for further downside. There’s also a clear single-spike bottoming pattern, which usually signals reversal momentum is building.

If you’re looking for an opportunity, a pullback could be an idea. For instance, if the price returns to around 3100, that level has both previous high-volume support and is close to the middle Bollinger Band. But keep an eye on a few things: whether the double bottom can hold, which direction the Bollinger Bands expand after tightening, and if the volume and candlestick patterns are steady enough on the pullback.

The Fusaka upgrade news is also a catalyst; with technicals stacking up with fundamentals, the bulls definitely have some confidence.

Also, I’ve been watching $ZEC and $pippin ’s moves lately—might talk about that another time.