Based on the early morning trend, Ethereum successfully rebounded from the 3115 level. It has now regained the key position of 3130 and reached a high of around 3155. This indicates that the 3115–3130 zone has formed an effective support area, easing short-term bearish pressure.

From a technical perspective, the price has returned above 3130, confirming the support strength at this level, and the short-term trend is gradually shifting to bullish dominance. If the price can continue to stay above 3130, there is potential for further upward testing of the resistance zone at 3180–3200 in the morning session. The key support below is in the 3115–3120 range; as long as it does not break below this area, the overall trend remains oscillating with a bullish bias. #加密市场开年反弹 $ETH

Currently, market sentiment has improved. If accompanied by moderate volume expansion, the price is likely to continue its rebound. Trading strategies could consider light long positions around 3130–3140, with a stop-loss below 3110. The initial target is near 3180, and if broken, attention should be given to the 3200 round number level.