2026-01-12 09:25:51

The news that Federal Reserve Chair Powell faces criminal charges is actually a positive development for the entire financial market. He has long been conservative on interest rate cuts, but this situation may be about to change. The Trump administration has consistently advocated for looser monetary policy, and the candidate for the new Fed Chair is essentially confirmed. Although not officially announced yet, this candidate is expected to have a more flexible monetary policy stance.

ETH's recent short-term gains are indeed related to this expectation. However, it’s important to clarify—many technical signals appearing in the market are actually false. Price chart patterns may look enticing, but there is only one true trigger point for a major move. We need to calmly distinguish between noise signals and genuine breakouts to avoid being fooled by false rebounds. Waiting for the real breakout to occur is much smarter than blindly chasing the rally.

ETH0,51%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
4
Repost
Share

Comment

0/400

MevShadowranger

· 01-12 09:55

The news about Powell being sued... Honestly, I think it's a bit of nonsense, but thinking positively, it might actually be good for the crypto circle. After talking about easing policies for so long, the charts look terrible. We'll see if this is real or not this time. All those fancy technical indicators are just bait. I'm just waiting for the real breakdown moment. The recent rise of ETH is basically just speculative hype, with noise everywhere. Those trying to buy the dip shouldn't rush. The rate cut expectations have been hyped for so long, and I wouldn't be surprised if they suddenly dump the market at the end.

View OriginalReply0

DataChief

· 01-12 09:48

Powell sued? Now the Fed has to change leadership, and rate cut expectations are rising. But don't be fooled by these gains; 90% are fake breakouts.

View OriginalReply0

gaslight_gasfeez

· 01-12 09:44

It's the same old story, how many rounds of rate cut expectations have been speculated on, and in the end, it's still a loss when you actually hold it. Is Powell's lawsuit considered good news? Don't be silly, macro news is always second-hand information. ETH rising is good news, and even when it falls, stories are spun—this is the market. Waiting for a breakdown? I see many people waiting to get caught. If all technical signals are fake, how do you make money? Loose policies sound great, but the coin prices still fall or will fall. Circling around in the same old routine of cutting leeks, speechless. This rebound is just a trap to lure more in, don't be fooled, brothers. Even if rate cuts come, they might not save this pile of trash coins. The expectations are already priced in, what's the next story?

View OriginalReply0

QuietlyStaking

· 01-12 09:30

Is Powell being sued? This trade is really great news for the crypto circle. Loose monetary policy is coming. Wait, is this ETH surge a real breakout or just another false rebound? The chart looks tempting, but don't be fooled. The expectation of easing is indeed positive, but the technical signals are all noise. Wait for a breakout moment before taking action. With Powell's move and a more flexible new chairman, it should be good for the crypto market, but friends chasing the rally, be careful not to get caught. How much of this rise is driven by policy expectations? The real big market move hasn't started yet. Don't be fooled by false rebounds.

View OriginalReply0