Market expectations for the December interest rate cut probability plummeted from 92% to 70%. With just one sentence from Powell, ETH instantly dived! Retail investors are confused: where is the promised bull market?
News: Powell's "three punches", why did the market get scared?
First sentence: "December interest rate cut? Far from being certain!"——Directly slapping the market's optimistic expectations, the probability of an interest rate cut plummeted, and funds panicked and withdrew.
Second sentence: "There are huge divisions within the Federal Reserve, some want a 50 basis point cut, while others refuse to cut at all."——Policy uncertainty has skyrocketed, and ETH's short-term volatility is bound to increase.
Third sentence: 'Don’t expect us to support the market, the market can sustain itself!'—Implied message: The Federal Reserve won't backstop, and retail investors should take care of themselves.
What’s even more incredible isAfter Powell just said 'end the tapering', he then added 'may expand the balance sheet in the future', the easing depends on his mood!As soon as the news came out, ETH plummeted, and retail investors who chased the highs got trapped!
Technical analysis: ETH is stuck at the 'death line', the direction is about to become clear
Upper resistance level at 4080, lower support at 3825.
Key level at 3955 marks the boundary between bulls and bears; ETH is currently below this key level, showing weak bullish momentum.
MACD red bars are close to disappearing, insufficient momentum; RSI only at 47.48, neutral to weak, no signals of overbought or oversold.
Conclusion: ETH is in a 'stuck' oscillating situation, breaking 3955 is necessary to open up upward space, while falling below 3825 will initiate a downward trend!
Strategy: Retail investors, don’t panic! A volatile market is an opportunity
The Federal Reserve is indecisive, short-term volatility is increasing; chasing highs and cutting losses will surely lead to being harvested!
A volatile market is suitable for 'grid trading', buying low and selling high, reducing positions at resistance levels and accumulating at support levels.
The crypto world never lacks opportunities, what it lacks is patience. The Federal Reserve's easing will eventually come, but you have to survive until that day!
Position management: Total position should not exceed 50%, gradually add positions near 3825, and take profits gradually above 4080.
Key monitoring levels: Break above 4080 to go long, fall below 3825 to cut losses, and observe the middle position!
Survival skill: A volatile market is actually a good opportunity for positioning; smart people are quietly accumulating! Refuse to be a victim! Stick closely to Xuanji and use strategies to overcome emotions!
If you are also tired of being repeatedly harvested by the market, pay attention to Xuanji! Before the next wave of market, I will send out signals in advance to help you accurately escape the peak and buy at the bottom!#加密市场回调 $ETH
