#美联储重启降息步伐 The Ethereum market was incredible in the early hours yesterday—a textbook bear trap reversal.

The price broke straight through the 3100 level, even plunging to 3066 before bouncing back hard. Looking at the daily chart, this is a classic "false breakdown" pattern. Simply put, the bears ran out of ammo, and each rebound was stronger than the last.

This 3100 level is worth watching. Previously, it was a resistance level, with bulls and bears battling back and forth here. Now, it's clear—it has flipped into support. This will help with the next upward move.

From a technical perspective, the 3070-3110 range is a solid entry point for bulls. If it holds, then 3240 and 3400 are the target prices.

$ETH $ZEC $COAI