ETH indicated support at 3130-3170 yesterday, then began to rebound, with the daily closing above 3170, nearly 3 times the profit, let's follow along for more!\n\nCurrently, ETH has a bullish crossover on the 4-hour SKDJ, with resistance at 3250 above. If it stabilizes around the mid-range of 3240-3250, there is another opportunity to challenge 3400. Below, 3170 remains a strong support. For those who are in, set a stop-loss or see if 3240 holds; if not, reduce positions and try again;\n\n$ETH \n#加密市场反弹

The market surged and then retreated, everything as expected, strong resistance at 3450!

The Federal Reserve lowered interest rates as the market anticipated. Although Powell's speech was not hawkish, it felt like a reminder as the market surged and then retreated. Overall, looking at last night's increase of 40 billion in Treasury bonds by the Federal Reserve to enhance liquidity, the expected hawkish stance did not materialize, which seems overall positive. Pay attention to the support situation below, especially if the daily closing price does not break below the 5-day moving average, there is still a chance. If it breaks, watch the middle track around 3050;

ETH has support at 3130-3170. The insider whale continues to increase positions to over 120,000 contracts with an average price of 3177. Is there more good news?
ETH entered a small position at 3170, and it's prudent to wait for the 1-hour or 4-hour SKDJ to show a golden cross before considering entry;

Risk: Expectations of interest rate hikes in Japan may have an impact. The daily closing price of ETH and the support at 3170 are key points to watch;

$ETH
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