#ETH
《Trend Changes — Current Market Analysis》
The Ethereum upgrade market is full of expectations, but the performance is disappointing. This Ethereum really breaks one's heart. Besides Ethereum, there are no better options for the funds that missed the Bitcoin bull market, which leads to a situation where everyone is just riding along without pulling the cart, causing the price to remain stagnant.
Although Bitcoin has rebounded, the resistance is near the 95,000 mark. If it cannot break through, it will pull back again, with support around 92,300. The probability of a pullback is still greater than that of a rebound, and the market will continue to oscillate.
Ethereum is once again weak today, testing the support near 1,750. After recovering some of the decline, it returned to the resistance near 1,770. This position is particularly critical; the market's correction and rebound will also look at this position. The market's pullback and decline will also depend on this position, so it needs special attention.
At 2 AM tomorrow, the Federal Reserve will announce interest rates, with a greater than half probability of keeping them unchanged. After the data is released, Fed Chairman Powell will also speak, which will add more uncertainty to the market. Keep a close eye on Taco; when the market changes, timely posts will be updated to help judge market trends.