ETH is setting up for a potential technical bounce, and the next move will likely start with a retest of the upper Bollinger Band resistance zone near 2150. This rally is primarily driven by oversold conditions and recovery logic. After a severe sell-off, the market is using a classic buy-the-dip trap to lure in retail capital and external liquidity. But let’s be clear. The sustainability of this bounce depends entirely on real external catalysts. We need more than just price action. Without strong ETF inflows or major policy support from key sectors, this is just a short-term technical recovery with limited upside and even shorter duration. A short-term bounce is highly probable. But it’s a recovery built on technicals + bait, not trend reversal. Under the weight of macro uncertainty, smart money will likely sell into the rally. The real play here is not chasing the bounce. It’s waiting for the second leg lower to find a true bottom. Stay sharp. Stay patient. Don’t confuse a dead cat with a comeback.