Hello, friends in the crypto circle! I am your analyst friend, Huang Di. I just came across two pieces of information, one is a significant message from across the ocean, and the other is the ETH chart we are familiar with. Combining the two, I sense something unusual. Tonight's market might be far more complex than you imagine, but it may also hide the opportunity you have been waiting for.

Macro news:

Recently, crypto-friendly figure Waller was considered by former President Trump for an interview for the next Federal Reserve Chair, marking a high-impact, low-certainty macro-political event.

Positive Impact: If Waller is elected, it may promote clarity in crypto asset regulation, reducing policy uncertainty; when formulating monetary policy, there will be more positive considerations for the crypto ecosystem, increasing innovation inclusiveness; his election has symbolic significance and can greatly boost global institutional confidence in cryptocurrencies; Waller is currently only in the interview stage, with a nomination probability of 15%.

Market Impact: During the narrative fermentation period, the crypto market will expect pricing, providing support for sentiment, and smart money assesses track differences; during the event-driven period, related news becomes a catalyst for price fluctuations, with buying expectations and selling factual risks, and it may also correlate with Federal Reserve policies and traditional markets.

Looking at the technical side: the coldness in front of us is very real.

Let's turn our attention back to the 4-hour chart of ETH; the reality is quite intuitive:
The trend is clear: the current market is obviously in a downward trend, with prices continuously suppressed by moving averages.
Important positions to watch: The level of 3100 above is the first tough nut to crack on the way to rebound, with significant pressure. Below, 3015 is a very critical defensive line recently; if this position is broken, market sentiment will worsen, and the possibility of testing the strong support level at 2880 will greatly increase.

Indicator situation: The white line and yellow line of MACD form a death cross below the zero axis, which is clearly a signal that bears have the upper hand, indicating that the momentum of the decline has not yet been fully released and has not reached the bottom.

So how should investors respond? Take it in two steps.
For those without positions or with very few holdings: first stabilize, don't rush to act. Good opportunities rely on waiting. Focus on the market's reaction at the two price levels of 3015 and 2880. If the price quickly breaks below 3015 and rebounds with little strength, then the target can shift to 2880.


For those whose positions are stuck: hurry to check your position situation. If your position is too heavy, take advantage of the price rebound to the range of 2980 - 3015 to reduce some positions and lower the risk.

Huangdi's personal opinion:
There is a contradictory situation now; there are some potential benefits in the medium to long term, but in the short term, the technical aspects are all negative. What should we do at this time?


Don't rush to catch the bottom! The market is likely to continue to explore downwards, testing the support of 3015 and even 2880. If the price really reaches around 2880, and the trading volume also indicates insufficient downward momentum, this may not be a bad thing; instead, it may be a good opportunity for us to enter with future positive expectations.

At such times, Huangdi would lead everyone to ambush a position in $ETH, expecting to earn 200 points without issue. Friends who want to catch this big opportunity, come to the chat room to gather, avoid various pitfalls, break down subsequent capital movements at the first moment, and seize every good opportunity to make money!#ETH走势分析 #美联储降息