9.17 ETH Strategy Analysis Trading plan: Short in the 2440-2460 range Stop-loss: 2475 Targets: 2400-2350 ETH$ETH faced resistance after rising sharply earlier today, with bullish momentum gradually exhausted after the consecutive gains. For a short-term pullback trade, wait for a rebound to the highs and signs of stalled growth before entering a short position, then watch for the price to retest the support below. This is a short-term short within a bullish trend. If the market sets a new high, this strategy is immediately invalidated. Be sure to strictly set a stop-loss, and never hold a position against the trend#CLARITY法案未获通过

Tong Ge’s 9.17 ETH outlook $ETH 2430-2450附近进箜，止笋2470，第一目标2390，第二目标2350。 Current price is 2426, after just reaching a high of 2444, right at the rebound resistance zone mentioned yesterday. It failed to hold after moving higher and slipped back, showing that selling pressure around 2440 remains very real. After dropping to 2365 yesterday, the short-term price has been grinding back and forth within this range. The bulls are trying to recover, but each approach to resistance has been pushed back. The price has now reached the target zone, so manage short positions around 2430-2450 as planned. A failure to break higher presents an opportunity; reassess if it reclaims above 2470 with increased volume. First watch 2390 below; a break would target 2350.

【Key Takeaways from the Fed FOMC Statement and Warsh Press Conference】 FOMC Statement: 1. Statement overview: The Fed unanimously approved a 25-basis-point rate hike to a range of 3.75%–4%, marking the first rate hike since July 2023. 2. Economic outlook: Economic activity is expanding at a solid pace. Although uncertainty remains elevated, partly due to geopolitical conditions, domestic spending remains resilient. Productivity growth is strong, and capital investment is solid. Employment growth is keeping pace with the expansion of the labor force, while the unemployment rate has changed little. Economic growth forecasts for this year and next year were raised. 3. Inflation outlook: Inflation remains elevated. Today’s policy action will support a more timely return of inflation to the 2% target. This year’s inflation forecast was raised, with inflation expected to return to 2% in 2029. 4. Rate path: The dot plot shows that 16 officials expect at least one more rate hike in 2026, while the median dot-plot projections for 2027 and 2026 are both 4.1%. Warsh Press Conference: 1. Rate outlook: He believes financial conditions are not restrictive, a view that is widely shared within the FOMC. Some accommodative policies have been removed, bringing financial and credit conditions closer to target. He will not provide forward guidance and did not provide a dot plot. Policy is not being driven by the market. He does not believe the labor market must be harmed to achieve the goal. 2. Inflation outlook: The primary focus is inflation, which is too high and has persisted for too long. Prices in too many categories have risen by more than 3% over both six-month and 12-month periods. The FOMC is not convinced that inflation is moving toward the target level. It will ensure that any price changes do not spread. 3. Economic outlook: The economy is resilient. The Fed is playing a role in maintaining the current economic progress. Underlying economic growth is higher; the problem is inflation. The unemployment rate remains low, essentially reaching full employment. 4. U.S. Treasury issue: He believes there are three reasons for rising bond yields: first, a strong economy; second, competition for capital; and third, geopolitics. 5. Artificial intelligence: Decisions regarding the risks and rewards should be made by other policymakers. The working group should submit a report on AI to us by the end of the year. He is concerned about AI’s development and its impact on demand and supply. 6. Other issues: He declined to comment on whether the matter had been discussed with Trump; the press conference was shortened to about 30 minutes; the White House expressed regret over the rate hike; as of press time, Trump had not commented on the rate hike. 7. Market reaction: From the announcement of the decision until the Warsh press conference, spot gold continued to fall by about $100, the dollar rose 40 points and broke above 100, the U.S. 2-year Treasury yield rose 10BP, the 10-year yield rose about 5BP, and U.S. stocks fell across the board. Interest-rate futures priced in about 33BP of additional hikes this year, up about 6BP from before the meeting; by June next year, they priced in three additional hikes, or 75BP. $BTC $ETH