#美联储降息 Ethereum's performance this wave is quite stable. Compared to the previous two adjustments, this time it didn't drop down aggressively. It seems that the real volatility will only surface around 10 PM.

For new followers, the short positions are set up. You ask why I am so persistent in bearish outlooks? The logic is quite clear. From the 4-hour chart perspective, the downtrend is very evident. Today, the price is stuck at the 3280 resistance level. Looking at the inflow momentum of the spot ETF, it is weakening, which indicates that market enthusiasm is cooling down. Even if there won't be a major decline in the short term, minor adjustments are inevitable. The short-term target is set at 3170, providing nearly twice the profit potential.

$ETH $SOL

The changes in the Federal Funds Rate during this period are indeed worth paying attention to.