Something big has happened! The Federal Reserve is assisting ETH, about to ignite a one-sided market.

Currently, the ETH/USDT perpetual contract is in a life-and-death battle at $2500!

The key triangle convergence endpoint has appeared, and this morning it briefly tested the $2450 support before quickly pulling back, with the main force repeatedly washing positions in the $2480-2500 range.

The bullish defense line is clear: a triple bottom structure has formed at $2450, the 4-hour MACD has a bullish crossover under water, and the RSI rebounded strongly after reaching the oversold area. The bears' last card is the massive orders piled up at the $2500 level, but the volume shows that the bears have shown signs of fatigue—after multiple unsuccessful tests of $2500 last night, the selling pressure gradually diminished.

A fatal blow from the news

The root cause of last night's global market turmoil: the US CPI annual rate dropped to 3%! The core CPI saw the largest decline in three years! The Federal Reserve's interest rate cut expectations instantly ignited all risk assets:

US stocks surged across the board, and the total market value of cryptocurrencies increased by $50 billion in a day. The ETH ecosystem moved in sync: the Layer 2 leader ARB is on countdown for its mainnet upgrade, the staking protocol Lido announced cross-chain deployment, and on-chain giant whales awakened: a mysterious address continuously accumulated 180,000 ETH (about $450 million).

Beware of the final trap! Last night, DOGE suddenly saw a massive transaction of $150 million (according to CoinGecko data), and it cannot be ruled out that some funds might be using meme coins to cover ETH for position washing. But the real decisive factor is in the futures market—currently, the perpetual funding rate is 0.0056%, and the bulls only need a 0.01% cost to control the market, while the bears' defense is as thin as a cicada's wing!

Below $2500 is a golden pit! Suggested operations:

Establish buy orders in the $2485-2495 range and add positions instantly when breaking through $2500, with a firm stop loss set below $2450 (triple bottom protection). The first target after the breakout is $2580 (previous high platform), and the second target is $2650 (CME gap).

Now is the most dangerous moment, and also the most profitable moment! The main force is playing psychological warfare at the $2500 threshold, and a breakout alert robot has been deployed in the channel.

Click to follow for real-time entry points and ride this wave of hundreds of points!