#数字资产市场洞察 Can Ethereum rebound is just around the corner

In the crypto market, support levels and trend lines are always elusive—when you treat them as ironclad, they deliver a fatal blow. The upward channel was no exception; it was decisively broken through without mercy. This wave of decline, combined with the market's indifferent reaction, makes the atmosphere quite uncomfortable.

The key now is whether Ethereum can hold its ground here. If it can't withstand the pressure, it may accelerate downward. Looking back at recent rebounds, their strength has been somewhat weak, and with no major positive news to rescue the market, new funds are hesitant to enter, and old funds are watching on the sidelines.

From a technical perspective, the 2800 level is particularly important—if it breaks below, the 2600 range is likely to be the next target. Conversely, the 3000 level has shifted from support to resistance; to rebound, it must first get past this hurdle, which is quite challenging.

The market is waiting for a signal. Whether this is a continuation of the bear market or the start of a rebound, time will tell.