$ETH #This market is a bit of a headache

The Federal Reserve has cut interest rates, the Bank of Japan has raised interest rates, Powell has resigned, and Trump has selected a new Fed candidate. What is the impact of these news on the market? However, the most "critical" factor is still Brother Ma Ji increasing his long positions in ETH. This god is simply invincible!

However, the intraday pattern of ETH looks like it has a continued downward trend. On the four-hour chart, the downward momentum has not completely ended. The upper pressure at 2850-2900, if the rebound does not break it, we continue to look bearish.

Fortunately, our long position exited early enough, otherwise, we would have to sacrifice to the market. Just thinking about that scene is too much to bear!

ETHUSDT

Perp

3,237.73

-0.77%