The long-short game intensifies: at the moment of interest rate cuts, the market's long-short game may become more complicated. On one hand, interest rate cuts will attract some funds into the Ethereum market, pushing prices up; on the other hand, some investors may worry about the other effects of interest rate cuts, such as the risk of economic recession, and choose to sell Ethereum. In addition, the presence of the derivatives market can also intensify the long-short game, as when prices rise to a certain extent, it may trigger a large number of long position liquidations, leading to a price drop. Ethereum's short-term trend depends on whether buyers can hold the line at $4250 while breaking through the resistance level near $4370.
