Hello everyone, I am Zitan. Today we are going to talk about ETH. This morning, the Federal Reserve sent a sweet note to the crypto market by lowering interest rates by 25 basis points. Sounds mysterious? Well, it just means that the money in the market will become more flexible. People who were previously hesitant to move their money are now more willing to invest in assets like ETH that can fluctuate. Today's 4-hour K-line chart for ETH has already signaled that this wave of money is about to flow in. Let's see how we can seize this opportunity!
First, let's look at the news:
This morning's 25 basis points rate cut by the Federal Reserve perfectly met expectations: it's the third rate cut this year, totaling a 75 basis point reduction. Experienced crypto investors understand that the essence of this situation is not how much it was cut, but that the wallet is loosened again. Last year, when the rate cut occurred in March 2024, ETH rose from 2850 to 3120 in just 3 days, which is a typical scene of liquidity flowing into risk assets. Today's script already feels right from the beginning.
Turning to focus on the 4-hour chart of ETH, the technical signals are clear:
MACD status: The golden cross has been maintained for several days, with the yellow and white lines firmly welded above the 0 axis. This is a core signal that bullish momentum has not dissipated.
Volume and market situation: This morning, the volume area turned red, directly exploding in volume, nearly doubling compared to the same period yesterday. There are large buy orders of 160 ETH piled up near the 3270 price level, which is obviously a market action to support the bottom.
Support logic: The previous days' pullback just stayed at 3270 without breaking. Now this price level is both a pullback support and a psychologically safe cushion by default for funds.
Zitan releases three strategies daily in the village. If your position isn’t 5000000, please follow Zitan's real-time suggestions in the village to avoid liquidation risks. The current market is unpredictable, and each villager's position varies. Please keep updating the entry points announced by Zitan in the village!
Zitan's viewpoint:
In the short term, without a basis for a unilateral crash, it is difficult to directly break through the 3400 resistance level. Range trading is the only reliable strategy! ETH is likely to hover in the range of 3250-3400, but each step up requires a breather. Repeated fluctuations are the main theme. If you don’t know how to time your entries, you can follow, and I will provide real-time analysis in the village, offering the best entry points!
For three types of core players, here are clear range operation suggestions for you:
Buddhist-style coin hoarders: Don't fiddle! Hold onto your ETH steady. If it pulls back to the 3250-3280 range, you can add a small position. Do not sell until the stop-loss line is reached; just enjoy the long-term liquidity dividends.
Short-term traders: Keep a close eye on the 3250-3400 range! Buy low at 3250-3280 and sell high in batches at 3380-3400. Don’t chase the highs and lows; don’t exceed 10% of your position in a single trade to avoid being washed out by fluctuations.
Novice: Either enter lightly below 3280 or wait for a breakthrough at 3400 to follow up. Set your stop-loss properly, and don’t let market fluctuations disrupt your strategy!
If you are unclear about specific profit-taking and stop-loss points, you can follow me for 24-hour real-time reminders in the village. Friends who have been following me, pay attention!
Do you think this wave of ETH can stabilize at 3400 and push for 3500? Let's discuss your views in the comments section. I will provide real-time reminders of resistance/support levels in the chat room and even share signals for topping and bottoming in advance! Before the next market comes, you will never miss a reminder!
