Early morning Ethereum shows strong rotation, successively breaking through short-term resistance levels of 2310 and 2330, but once it touched the 2350 level, it quickly turned back and fell. The bullish buying pressure lacks follow-through, and the cushioning for upward moves is severely insufficient.

This rebound is purely driven by a market sentiment repair; in essence, it is just a tentative pressure test, not a trend reversal.

Tonight’s key focus is the FOMC Federal Reserve interest-rate decision meeting. The market consensus has locked in maintaining interest rates unchanged, and expectations for rate cuts have completely cooled off. Combined with the ongoing escalation of geopolitical tensions between the US and Iran, inflation risks are heating up again. Powell’s remarks tonight will likely signal a more hawkish stance, and there is still room for a further downside pullback on the charts afterward.

Intraday trading ideas:
Open short positions following the trend around the 2330–2350 resistance zone;
Take profit in batches and reduce positions at 2280–2230 below, with a long-term target of 2180;
Set a unified risk control stop-loss above 2380.
This is only personal analysis of the market and does not constitute investment advice.

#WCTC交易王PK