Ethereum performed excellently in the morning market today, successfully breaking through a 60-point range with precise movement.

The interest rate decision announced at night remains unchanged, but it is worth noting that the decision-making body emphasized that current inflation pressures are higher than expected, which may suppress the upward momentum of risk assets in the short term. However, from another perspective, if the subsequent dot plot releases relatively moderate signals, it is likely to become a catalyst for the rebound of ETH.

From a technical perspective, the current MACD fast and slow lines are in a convergence state, and the RSI indicator remains at a neutral level ( around 55), indicating that market momentum is relatively insufficient in the short term. However, the KDJ three lines have formed a golden cross pattern at a low level, suggesting a possible rebound trend in the near future.

After comprehensive analysis, it is believed that Ethereum may be bottoming out around the $2500 or current price range, with an upward target pointing to the 2550-2580 range. This area will be an important resistance level worth paying attention to in the short term. If it can effectively break through, it may open up a new round of upward space.