Ethereum's recent market movement is indeed impressive! The price just touched 3099 USD, and since the critical support level on the 21st, it has pumped up by 473 points, with a rise of 18%.

Looking back at the rhythm of this rebound: at that time, ETH was fluctuating around 2626, and a clear bullish engulfing pattern appeared on the daily chart. Coupled with increased trading volume, the technical indicators provided a relatively clear signal to go long. After entering the market, the market sentiment gradually warmed up, and with the stabilization of the overall market, ETH successfully broke through the 2850 resistance level on the first wave, and yesterday it achieved the second target.

The 3100 level has now been tested, and the next focus should be on whether it can stabilize and turn into support. If the volume continues to keep up, the next target range can be seen at 3200-3300. Of course, after the pump, one should also be wary of the possibility of a pullback and washout, so managing positions well is the key to long-term success.

In this round of rebound in the crypto market, ETH is one of the main forces. Friends who seized the opportunity for a wave should have decent profits.