$ETH

ETH/USDT D

After the publication of macro data on consumer inflation, it is becoming less and less likely that the rate will be actively reduced this year.

Most likely, as J. Powell promised us, the rate will be reduced no more than 2 times this year.

🔴 The market reacted negatively to the news, which is expected for such events.

I expect a continued decline towards $2,400 - $2,220, where the asset will look for its support line for accumulation.

I marked the descending line in red, as an understanding for myself that everything below this line is a decline and accumulation. 

☝️ As soon as the asset can break through the descending trend line, you can immediately move on to more aggressive long scenarios.

P.S. This is not financial advice and not a call to action. Control your risks.