$ETH The current market situation is the same as what Big Brother Wei said last night: it’s ranging and becoming stuck, oscillating between 1900 and 1920, waiting for direction.

The biggest uncertainty in the market right now is tonight’s Federal Reserve interest rate decision. The market’s pricing for whether there will be a rate hike versus no hike is nearly a 50/50 split—this is the most divergent view since September 2024—so for now, everyone should not act rashly.

At this point, it’s still highly likely that price will continue to range and oscillate within the current 1900 to 1920 band until the data is released. So just watch and wait.

If you want to trade short-term, you can try repeatedly buying rebounds and taking dips, but the profit will be very limited.

Short at around 1930.
Go long at around 1890 #NFT板块单日反弹超8%