😱Just woke up and took a look at the charts—instantly wide awake!

Brothers, Ethereum $ETH this move is crazy, straight from around 1614 up to 1725!

Last night, the US June non-farm payroll data came in cold, with only 57k new jobs added, less than half the expectation. The market interpreted this as the Fed not daring to raise rates anymore. Funds rushed into risk assets like crazy, with ETH up over 7% in 24 hours.

But don’t get too excited just yet. 💡I checked the indicators: the Bollinger Bands upper rail is at 1741, which happens to be a daily resistance level. RSI 6 is around 55, not yet in overbought territory, indicating there’s still room in the short term.
The MACD is a bit interesting—DIF at 20.85, DEA at 22.27, the fast line crossing below the slow line forming a death cross. Chasing the rally here isn't cost-effective.

📊On-chain data also warrants attention. CryptoQuant data shows that over 1.25 million ETH have flowed into exchanges recently—short-term selling pressure is not small.

The non-farm data is out, the macro outlook is indeed bullish, but the 1725-1741 range on the technical side presents considerable resistance.

📈The trend has indeed turned now, but chasing highs isn’t as good as waiting for a pullback. The 1614 low probably won’t be seen in the short term. If it can retest support around 1680 to confirm, that could be a good entry point. 👀Let’s first see how the US stock market opens today—don’t rush to go all in.

🧠Remember: news sets the direction, technicals give the entry, and position management is the lifeline. In this kind of market, missing out doesn’t lose money, but chasing highs and getting trapped hurts. 🤝If you find this useful, hit follow—let’s watch the market together from here!

#以太坊突破1700美元涨7.98% #6月就业数据降温美联储加息预期 #美国6月非农就业增5.7万