$ETH 🔥🔥 Trend Analysis!!!
Sister Star observes the intraday hourly chart; currently, it is a typical rebound after an oversold condition, entering a consolidation and buildup phase.
The short-term MA7 has already turned from downward to flat, and the price (around 2307) has just broken above MA7, indicating that the short-term bearish momentum has been absorbed.
MA25 is currently near 2297, almost glued to the price, having shifted from strong resistance to short-term support.
MA99 remains above at around 2347, serving as the next strong resistance.
The price rebounded from the low of 2252,