10/30 ETH Day Analysis


Last night, the unexpected 25 basis point rate cut did not cause much volatility, but later, a hawkish speech by Powell led to a drop of 150 points in ETH. Currently, the monthly, weekly, and daily charts for ETH all show bearish signs. It is advisable to short at highs, while going long should only be considered near strong support.
Trading suggestion: Buy near 3810 (more aggressive) and 3730 (go all in), these two levels are currently relatively easy to reach $ETH .
ETH-11.99%
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