Ethereum's early morning trend was completely in line with expectations. After precisely retesting the 1956 level and finding support, it quickly began to rebound, currently climbing back to around 1980. This bottoming rebound movement confirms the validity of the 1955 area as a short-term bottom.

From a technical perspective, 1955 is not only the low point of yesterday's correction but also the upper boundary of a previously dense trading zone. The price stopped falling and started to rise here, which is a typical support confirmation signal. The hourly chart shows consecutive lower shadow candles, indicating strong buying interest below and a market willing to absorb selling pressure.

Currently, the price has broken above 1980. If it can hold this level steadily, the bullish structure for the day will be further reinforced. Short-term resistance above is at the 2000 round number. Once broken, it is highly likely to test the 2020-2030 zone. Given that the 1955 support has been confirmed, the intraday trading strategy should focus on buying on dips, with a stop-loss set below 1950.