The price of
$ETH has "plummeted"; where should investors go from here? Here’s the answer!
#资金涌入推动SOL上涨 The decline in ETH is caused by a combination of macro, capital, technical, and emotional factors. On the macro side, actions by Trump have raised concerns about the independence of the Federal Reserve, leading to fluctuations in the dollar and increased demand for safe-haven assets. Stubborn inflation has decreased the likelihood of interest rate cuts, putting pressure on risk assets.
In terms of capital, whale reallocations have shifted funds from BTC to ETH, resulting in profit-taking sell-offs. On the technical front, strong resistance has been encountered and there is divergence indicating overbought conditions. $4400 is a key support level; a drop below this could lead to further declines. Emotionally, there is significant volatility around options expiry, and leveraged liquidations are exacerbating the downward trend.
In the short term, the decline in ETH is a correction, with $4400 being the dividing line between bulls and bears; holding above this level could lead to a rebound.
In the medium term, the fundamentals remain strong with spot ETF inflows and institutional accumulation providing long-term value support. The risk lies in macro conflicts and inflation; if the Federal Reserve cuts rates in September, ETH may rebound first, and we can wait for policy support.
#美国宏观经济数据上链 #ETH走势分析 Next, I will continue to set up my trades. Instead of fumbling around and failing to catch the best entry and exit points, which could lead to holding losses, it’s better to follow my lead and join in directly if you agree.