$ETH
The US cut interest rates ahead, while Japan raises them afterward. There are both positive and negative factors, and the market is consolidating. What do you guys think?
First, the 25 basis point cut basically won't cause much fluctuation; this has been a characteristic of this year. Secondly, stimulating the market through rate cuts ultimately is not a fundamental solution, especially considering Japan's interest rate hike is the highest in 30 years.
From the market perspective, the upper pressure point at 3.2 remains so obvious and excellent, so the potential for shorting is still significant. However, for those wanting to make intra-day swings, this is a good time as there is a high probability that operations will continue between 3.2 and 3.0 before the rate cut announcement.
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