Early morning announcement: The Federal Reserve maintains its current interest rates, whilst Powell adopts a hawkish stance. The main reasons, as explained earlier today, stem from war impacts, higher inflation expectations, and the elimination of rate cut possibilities.



Looking at the Ethereum chart currently, the price followed this early morning commentary, testing lows near 2150 before oscillating upward. As of now, Ethereum is trading around 2200, though there was a false breakout during this period. Due to insufficient bullish momentum, the price retested below 2200. On the hourly chart, price is currently trading below the middle band of the Bollinger Bands. Morning breakout attempts failed, indicating the short-term market is in a weak consolidation phase. I expect further downward retracement in the near term.

Ethereum reference: Short at 2206, target 2146, stop loss 34 points#BTC #ETH
ETH-2.44%
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听雨lvip
· 14小時前
2026衝衝衝 👊
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