Hello, fellow crypto warriors! I am your analyst friend Qi He. I just came across two pieces of information, one is a heavyweight message from across the ocean, and the other is a familiar ETH price chart. Combining the two, I sense something unusual. Tonight's market may be far more complex than you imagine, but it may also harbor the opportunity you have been waiting for.
First, let's look at the news: an overlooked 'stabilizing pill'
Just now, a news alert popped up: Hassett, the director of the National Economic Council, publicly stated that he agrees with Trump's view that interest rates can be lower, and there is still a lot of room for the Federal Reserve to cut rates, potentially achieving 3% economic growth.
Many newcomers see this macro news and think it's too far from our cryptocurrency trading. Wrong! This actually gives global risk assets, including cryptocurrencies, a subtle 'placebo' effect. Because interest rate cut expectations = market liquidity may be more relaxed = there may be more money. When the water rises, the boat has a chance to rise. But the key is, when will this medicine take effect?
Looking at the technical side: the current 'chill' is very real.
Let's pull our focus back to the 4-hour chart of ETH, the reality is starkly clear:
Trend is king: the market is in a clear downtrend channel, with prices being pressed by moving averages.
Key points: The upper level of 3100 is the first 'ghost gate' for a rebound, heavily pressured. The lower level of 3015 is a recent key defense point. If it breaks below here, sentiment will further deteriorate, and the likelihood of testing the strong support at 2880 will greatly increase.
Indicator confirmation: The white and yellow lines of the MACD are below the 0 axis, forming a death cross, which is a typical bearish signal, indicating that the downward momentum is still being released and has not reached the bottom.
What should players do? Two-step strategy
For those with no position/light position: be patient! Don't get anxious. The best opportunities come from waiting. Focus on market reactions at these two positions: 3015 and 2880. If it quickly breaks below 3015 and rebounds weakly, the target will be 2880.
For those with trapped positions: examine your positions! If your position is too heavy, take the opportunity to reduce your holdings when it rebounds to the 2980-3015 area to lower risk.
Qi He's exclusive perspective:
The contradiction arises: medium to long-term potential benefits vs short-term technical drawbacks. What should we do?
Don't rush to bottom fish! The market is likely to test support strength at 3015 or even 2880 again. If the price really reaches or approaches the 2880 area, combined with signs of exhaustion in volume, this may not be a disaster, but rather a 'golden pit' opportunity presented by the market, paired with future positive expectations.
I am Qi He from the cryptocurrency circle. Follow me, and I'll teach you how to seize this wave of market and catch the whole fish! If you don't know how to time your trades, Qi He will analyze in real-time in the village and provide the best entry points. Follow Qi He, + chat room to help you avoid pitfalls, and break down subsequent capital trends at the first moment to seize every profit window!
