Is a rebound imminent after ETH's sharp decline? Easing geopolitics + Fed rate cut, can it break through?!
Today, Ethereum fell to $4192, but the market hides signs of a rebound. With geopolitical risks easing and expectations of a Fed rate cut in September intertwining, will ETH break through amid volatility?
News: Geopolitical cooling, focus shifts to the Fed
1. New developments in the Russia-Ukraine negotiations
Zelensky refuses to ceasefire but agrees to a trilateral summit with Putin. Trump directly intervenes to mediate, temporarily easing geopolitical tensions, with some funds shifting to gold, but the crypto market's focus has turned to the Fed's interest rate decision on September 17.
2. Rising expectations for a Fed rate cut
The market bets that the probability of a 25 basis point rate cut in September has reached 85%, but inflation data is a mixed bag, and Powell may remain cautious. If the rate cut materializes, risk assets like ETH may rebound; if the policy falls short of expectations, be wary of a short-term pullback.
Technical analysis: $4261 becomes crucial, is a rebound imminent?
1. Price trend: Oversold signals emerge
Daily level: ETH's recent 4-hour candlestick has closed positively, with selling pressure nearing its end.
Key indicators: MACD: Histogram remains positive, bullish strength prevails.
KDJ: Golden cross formed, oversold region brewing a rebound.
2. On-chain data: Institutions 'stockpiling' + ecosystem explosion
BlackRock's ETH trust holdings have reached 832,000 coins, with Fidelity's weekly net inflow at $470 million. Arbitrum's daily trading volume has exceeded 120 million transactions, and ETH's burn rate continues to exceed its issuance, reinforcing deflationary logic.
Monthly outlook: Short-term volatility, bullish in the medium to long term
1. Operational advice
Light positions: Entering at a pullback to $4261, stop-loss set at $4236. Follow up on breakthroughs: if it breaks through $4566, increase positions to target $4868.
2. Long-term logic
Technical upgrades: Proto-danksharding is in testing, and performance leaps will attract more applications.
ETH is at a key period of 'geopolitical easing + policy window', with $4261 possibly becoming a dividing line for bulls and bears. Short-term volatility is inevitable, but technical upgrades and institutional capital provide a solid foundation.
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