The Federal Reserve's interest rate decision is coming at 3 AM on the 11th!
If this rate cut does not reveal any substantial positive news, the rebound may come to an end!
Therefore, every step going forward is crucial; missing out means giving money to the big players for free!
Last night, ETH directly broke through the 3250 resistance level, and significant funds clearly entered the market to speculate.
However, the effectiveness of this wave may only last until this week and before next Thursday.
The time window is very limited; brothers need to act quickly!
Currently, the short-term pressure for ETH is at 3380; as long as it stabilizes here,
the target is 3440! If the volume expands again,
the next upward target is the 3500-3600 range!
This range is also the best entry point for medium to long-term short positions.
Hitting here, one can boldly set up short positions!
If the intraday pullback does not break the 3210-3100 support,
then the bullish pattern remains solid, and there is still a chance for further upward movement!
But if it breaks below 3100, the market will weaken.
Key support below is at 3010 and 2960!
Recently, the market has seen frequent spikes; it is very clear that the big players are trying to clean up long and short leverage!
Friends who followed the 3105 long position on ETH yesterday should set a trailing stop.
If there's an opportunity tonight, plan the next trade.
Get in the chat room!!!
Intraday focus: LUNA sol FHE
