Although the early morning market briefly broke below the 2150 support to around 2100, it was quickly pulled back above 2250. This "deep V reversal" structure clearly confirms the buying strength in the 2100-2150 range. The four-hour chart shows long lower shadows near the key support area, indicating that the bearish momentum has phased out, while the increased volume on the rebound suggests that bullish funds are actively entering the market. The current price has regained above 2250 and is approaching the 2280 level, signaling that market sentiment is rapidly recovering from short-term oversold conditions.

From a technical perspective, this pullback can be seen as a healthy correction of the previous gains. The price quickly rebounded after approaching the weekly trend support (around 2100), indicating that the "higher lows" structure of the upward channel remains valid. If the price can hold steady within the 2270-2300 range today and accompanied by moderate volume expansion, the rebound momentum is likely to continue, with the next short-term resistance target in the 2350-2380 zone. A key point to watch is whether the price can consolidate near 2280 and form a new support level.

Overall, the early morning dip and rebound have effectively tested the lower support, laying a foundation for further upward movement. Traders should focus on whether the 2250-2270 zone can turn into a new support and the strength of the breakout above 2300. If the price can remain steadily above 2250, the short-term trend will shift back to bullish dominance. However, if it falls back below 2220, it may enter a longer period of range-bound consolidation. #加密市场隔夜V型震荡 $ETH