At 1880 dollars, $ETH , are you panic selling?

First, the surface picture: pre-event hedging, panic-driven washout
Just yesterday it was still hovering around 1950-1980, and now it has been slammed back to 1880, down nearly 4% in 24 hours. Longs and shorts in perpetuals got wiped out on a massive scale across the market, and retail traders are freaking out. From the June low of 1550, it has rebounded by 25-30%; now it's retesting the 1850-1880 range. RSI is sitting at 54, which is neutral, and MACD has just flashed a short-term sell signal. Either it holds 1850 and keeps pushing toward 2000, or if it breaks down, 1800 is next.
First thing: ETF net inflows have been positive for five weeks, so what are you afraid of?
Over the past week, ETH ETFs saw $104 million in net inflows, with BlackRock's ETHA as the biggest buyer; on July 27 alone, it pulled in another $9.23 million. Cumulative net inflows have already surpassed $11 billion, and AUM is as high as $10.65 billion. Institutions have been steadily scooping up ETH in the 1880-1970 range for weeks, and you're still trying to guess the top?
BitMine's holdings have surged to 5.79 million ETH, accounting for 4.8% of circulating supply, with most of it staked.
Second thing: will FOMC send it up or down? The answer is tomorrow night!
The Federal Reserve is releasing its rate decision, with the current rate at 3.50%-3.75%. What does the market fear most? It fears Powell sounding tough and saying, "Inflation is sticky, we may need to raise rates."
Right now, the market has already priced in most of the hawkish messaging. If tonight comes in dovish (no change + weaker hints about hikes), ETH could rocket straight to 1950-2000. If it comes in hawkish, then a retest of 1820-1850 is likely. This is a classic event-driven move.
Third thing: Glamsterdam's upgrade has been delayed to Q3, but that's actually the real bullish sign!
A lot of people see the word "delayed" and panic. I'll tell you the truth: the delay is to raise the gas limit to a higher level and separate proposer and builder roles to make MEV fairer. In plain English, they're holding back a bigger move.
The Lido staking module migration is progressing, 30% of supply has already been staked and locked, and sell-side pressure from liquid supply has been greatly reduced. EIP-1559 is burning coins every day.
Key levels
Upper resistance: 1900-1920 → 1950-1960 → 2000 → 2100-2200
Lower support: 1850 → 1820-1830 → 1800
For short-term traders:
Before FOMC, either clear your position or stay on the sidelines with a very small position. After the decision: if it's dovish, go long immediately with a target of 1950-2000; if it's hawkish, wait to buy at 1820-1850, stop loss below 1780.
For swing traders:
Scale into longs in the 1850-1880 range, stop loss below 1820, target 1950-2000. A breakout above 2000 opens the door to 2100-2200. Ongoing ETF inflows are the biggest source of conviction.
For long-term believers:
DCA blindly in the 1800-1880 range and hold for 1-2 years. Target 3500-4000 (rate-cut cycle + continued ETF inflows + Glamsterdam delivery).
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