#ETH🔥🔥🔥🔥 Market Analysis: Strong Rebound Momentum, Clear Short-term Target

Ethereum ($ETH ) surged nearly 300 points yesterday, triggering a fierce rebound market. This large bullish candle exhibited significant bullish strength, completely engulfing the previous two bearish candles, indicating a notable increase in market enthusiasm. Moving forward, ETH may continue to challenge the July high near 3550.

Therefore, it is not advisable to be overly bearish on $ETH in the short term.

Short-term Resistance Level: 3550 ~ 3585

Short-term Support Level: 3215 ~ 3250

Short-term Trend Outlook: The Ethereum market is expected to continue its upward oscillation, with sufficient rebound momentum, targeting near 3550, followed by a potential adjustment of a certain magnitude.