Ethereum (ETH) has rebounded roughly 7.5% from its recent low, showing a short-term upward trend, but market caution persists. With $2,444 and $2,480 drawing attention as key resistance levels for judging whether the rise will continue, shrinking trading volume and the downtrend on the daily chart are cited as burden factors.

On the 5th, Finora AI, a market analysis account active on the crypto information platform CoinMarketCap's community, analyzed Ethereum's recent movements and presented both short-term upside potential and downside risk.

■ 1-Hour Chart Up vs. Daily Chart Down: Divergent Directions Are the Key Point

The core of the analysis is that charts across timeframes point in different directions. Finora AI assessed that Ethereum can maintain a bullish view on the 1-hour chart as long as it holds its most recent confirmed low. However, the daily chart remains in a downtrend, so the current upward move was interpreted as a short-term rebound against the existing downtrend rather than a genuine trend reversal. This means that even if a short-term price rise is confirmed, it is too early to judge that the mid- to long-term bearish structure has been resolved.

■ Key Levels to Watch on the Upside: $2,444 → $2,480

The first resistance presented in the analysis is $2,444.02. This is a zone where liquidity is concentrated near the previous high, and it is explained as the first price level to check if the upward momentum continues. However, a temporary break above this level must be distinguished from stable trading above it.

If the $2,444 level is broken and the uptrend holds, the next area to watch is $2,480. Finora AI analyzed this level as a zone where sell-side supply may emerge. In other words, these two price levels serve as sequential checkpoints in the short-term rise.

■ On a Pullback, Demand Zone at $2,378–$2,343; Confirming Rebound Signals Is Key

If the price pulls back, the $2,378 to $2,343 range was presented as the main demand zone. According to the analysis, it is important to verify whether buying interest actually flows in after the price returns to this area. In particular, the view is that it is necessary to check for price recovery after temporarily absorbing liquidity below the short-term low, the formation of bullish engulfing candles or pin bars, and changes in market structure on lower timeframes. Rather than being confident in a rise simply because a specific price is reached, one should examine whether rebound signals actually appear in the trading flow.

■ Trading Volume 'Extremely Quiet'; Chasing the Rise Should Be Avoided

Trading volume was also cited as an important variable. Finora AI noted that current volume is at an extremely quiet level and warned against recklessly chasing the rising price. Generally, when volume expands along with rising prices, it serves as a reference for gauging the degree of buying participation. Conversely, when volume is lacking, price swings can become large even on relatively small trades, so the sustainability of the uptrend must be confirmed.

■ Downside Trigger Line: $2,225.01

$2,225.01 was presented as the key price for assessing downside risk. Finora AI stated that if Ethereum's 1-hour candle closes below $2,225.01, it would switch from its existing short-term bullish view to a bearish one. However, the analysis added that this price is a technical threshold set by the analyst, not an objective support line that applies equally to all market participants or a price that confirms a future decline.

■ Upside Targets and Downside Risks Presented Together; Possibility of Expanded Volatility Also Considered

A characteristic of this analysis is that it presented upside targets and downside risks together. On the upside, $2,444 and $2,480 are the main observation zones, while on a pullback, the demand area of $2,378–$2,343 was treated as important. The analysis concluded that if the 1-hour chart closes below $2,225.01, the short-term bullish scenario must be revisited.

It is difficult to conclude that the broader market downtrend has ended simply because Ethereum rebounded from its recent low. In particular, with a short-term rising structure and a daily downtrend appearing simultaneously, the possibility of expanded price volatility must also be considered. Ethereum's future direction may vary depending on whether resistance near $2,444 is broken, trading flows in the $2,480 supply zone, and whether the $2,378–$2,343 level holds on a pullback.

However, these price levels are based on technical analysis at a specific point in time, and their validity may change with real-time price and volume movements. Additionally, the 7.5% rebound mentioned in this analysis is a figure presented by Finora AI and is not a gain independently verified through separate real-time exchange data. Ultimately, whether Ethereum's short-term rebound will continue is expected to hinge on price behavior at key resistance zones and whether trading volume expands.

[Some AI assistance was used in producing this article. This content does not recommend buying or selling any specific asset; investment decisions and responsibilities rest with the investor.]