[Matrixport: Ethereum Tests Key Support Again, Trend Enters Observation Phase] Odaily Planet Daily News - Matrixport released a chart today indicating that Ethereum has rebounded after stabilizing at the upper edge of a multi-year ascending triangle. This trend has entered a critical observation phase, requiring further validation to determine whether it is another false breakout or the start of a new upward movement. Reviewing previous false breakouts, the downward momentum was relatively limited, and prices quickly rebounded afterward. The current trend exhibits similar characteristics, and investors should watch for the possibility of a new round of rapid recovery. Overall, the technical rebound structure remains relatively positive. However, some buying activity may stem from month-end portfolio adjustments or early positioning for October's seasonal trends.