Something big has happened! Over here, a senior Federal Reserve official just came out to 'hawk' and scare the market, while on the other side, our cryptocurrency ace Ethereum, has completely disregarded this and drawn a beautiful upward curve on the 4-hour chart, with the price firmly standing above $3040! Is this a tactic of 'don't run, fellow townsmen,' or the charge of a new round of major market movements? Bai Yue will clarify for you.
News: Is the Federal Reserve's 'hawk claw' scratching an itch?
Just saw the first piece of news, the Federal Reserve official Harker has come out to speak, and the core message is just two points:
Inflation isn't that low: He said the nice inflation data from November might be inflated, as the government shutdown affected data collection, and the real situation could be closer to 2.9% or even 3.0%. This means that inflation pressure is still there, so don't be too optimistic.
In a hurry to cut interest rates? Not a chance!: He is more worried that inflation won't come down, so he clearly stated that he tends to keep high interest rates until next spring, and don’t think about cutting rates in the near term.
Bai Yue believes that this news sounds quite 'hawkish', right? But is the market scared? Look at the ETH market, it seems to not take it too seriously. Why? Because the market had already digested the expectation that 'the Fed will not rush to cut rates'. This official's statement just added a footnote to this expectation. It will temporarily suppress the market's explosive 'heat', but it feels more like 'raising interest rates with words', with limited actual impact, instead making the taste of 'bad news is fully priced in' even stronger.
Technical analysis: The 4-hour chart of ETH has already shown its hand!
This is the real deal! The 4-hour K-line chart of ETH has released several key signals:
Trend established: The price not only broke through the psychological barrier of 3000 USD, but more importantly, it has formed a clear golden cross pattern, which is a classic technical signal for a short-term trend reversal.
Volume and price rise together: The technical indicators below the chart show that the 'golden double line' has firmly stood above the zero axis, entering a strong zone. The MACD volume bars are also expanding, indicating that this wave of increase is driven by real capital, not just a false alarm.
Key levels are clear: The lines drawn on the chart have clearly marked the battlefield. Currently, around 3040 is the position, with 3150-3200 above as the rebound pressure zone, and the real strong resistance is above 3400. Looking downward, 2945-2900 is the strong support area, and 2770 is the second line of defense. If you don't know how to time your entry, you can follow Bai Yue, who will analyze in real time in the village and provide the best entry points.
Operational Suggestions
For those with existing positions: Hold steady, as long as key support holds, let the profits run a bit longer. You can appropriately raise the stop-loss to below 2945 to lock in profits while aiming for greater space.
For those who want to get in: Don't chase the highs! Wait for the price to pull back to the 3000-3020 range, or to slightly adjust to the strong support area of 2950-2980 before gradually positioning. If you don't know how to time your entry, you can follow Bai Yue, who will analyze in real time in the village and provide the best entry points.
Bai Yue's perspective; the news is just a false alarm, and the technical aspect has already revealed its sword!
My view is very clear: The Fed's 'hawkish' call cannot stop the technical bull hooves of ETH! Smart money in the market is voting with their feet. The 4-hour rising structure of ETH has already formed preliminarily, and as long as the current adjustment does not break key support, it is accumulating strength for the next upward attack. If you don't know how to time your entry, you can follow Bai Yue, who will analyze in real time in the village and provide the best entry points.
There are always opportunities in the market; the key is to operate calmly. Bai Yue will continue to help everyone keep an eye on on-chain dynamics and move steadily forward together! Follow Bai Yue and participate in every attack by Bai Yue's villagers! Bai Yue will announce specific entry times and real-time news in the village every day!
