Based on recent trends, ETH's performance around the 21-day moving average can be considered stable. The key support level holding is very important—it indicates that market sentiment is still present. More notably, the continuous net inflow of ETF funds has provided solid support for this rebound. At this pace, the upward momentum should be able to continue.

Of course, we also need to watch for resistance on the way up. The first noticeable resistance zone I observed is between 0.036 and 0.037. If ETH can hold this support, there is room for further upward movement; otherwise, we may need to reassess the recent rally. Overall, the short-term technical outlook still signals a bullish bias.