The downward trend of Ethereum in the early session is becoming more intense. From the online perspective, the four-hour support indeed cannot hold this price level. One can wait patiently for a position, adjusting the stop loss down by 5 points. Everyone in the comments section should have caught the point for adding positions. You can continue to hold the long position!

$ETH Ethereum announced a rate cut at 0.25% this morning, as expected by the market. The market reaction was rather dull, with an initial surge followed by a rapid decline after Powell's speech, which can be seen as a blow to retail investors. Currently, the position around 3245 has reached a four-hour support level, and it may be worth considering establishing a long position, with a suggested trading position of about 2% and a recommended leverage of 60X. Defense line at 3200, rebound looking at 50-80 points.

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