ETH's one-hour chart has just exited the 'guillotine'—a golden cross has turned into a death cross, and the yellow and white lines are accelerating downward below the zero axis. This is a standard signal for accelerated decline! Even if the Federal Reserve announces a rate cut in the middle of the night, ETH will still decline sharply without looking back. Today, I will tell you in the simplest terms: Where will ETH drop to this time? Where must you cut losses, and where can you buy the dip?

News aspect (analyzing the real impact):

The Federal Reserve cut rates by 25 basis points as expected early this morning, but this is already the third rate cut this year, and the market had long anticipated it. Remember an old saying: 'When good news is fully priced in, it becomes bad news.' Especially since ETH's technical outlook has deteriorated, such news may actually be used by large holders to raise prices for offloading. Liquidity easing is a slow remedy, but a technical collapse is a quick knife—whichever is sharper, you understand.

Technical aspects (key positions to watch closely):

  1. The two 'gates of hell' above:

    • 3281.69: intraday resistance level; a rebound to here is your chance to escape.

    • 3363.41: pullback resistance level; if it can reach here, it's simply a perfect short position provided by heaven.
      Conclusion: If it does not break through 3363.41, the downtrend remains unchanged!

  2. Support ladder below:

    • 3222.31: the dividing line between bulls and bears; if it breaks here, accelerated decline will begin.

    • 3143.96: the first support; there will be a small rebound here, but don’t be greedy.

    • 3060.60: the ultimate defense line; this wave of decline is likely to test here!

  3. MACD tells you the truth:
    The death cross has been confirmed, the yellow and white lines are 'declining at a uniform speed' below the 0 axis, indicating that the bears are completely in control. Bottom-catching? It's still early!

I Ching personal opinion:
Today, it’s hard for ETH to break through 3281 during the rebound; it’s more likely to face resistance in the 3281–3363 range before continuing to decline. The first target is the 3222–3143 range. Once it breaks below 3143, it will head straight for the strong support at 3060. Don't catch falling knives in the short term; wait to position around 3060 in the medium to long term!

Player operation guide:

  • For those heavily invested: start reducing positions as the price approaches 3281, and must stop loss if it breaks below 3222!

  • For those with no positions: don’t rush to catch the bottom! Patiently wait to test the waters lightly near 3143, and increase positions around 3060.

If you time this wave of decline correctly, around 3060 could be a golden pit! But don’t blindly catch the bottom! I will provide early warnings in the village for bottom-catching timing, precise down to price level + position management. If you don’t want to be stuck halfway up the mountain and want to catch the next ETH rebound—

The market always respects the trend, not the news. I am I Ching, not bragging or ambiguous, only speaking with technology. Like and follow; I will timely analyze the next steps tomorrow. #美联储降息