$ETH
Let's take a look at the ETF, which has seen continuous inflows for almost half a month. The capital from the U.S. is quite aggressive in bottom fishing.
Last week, many large investors and whales rushed to buy ETH, worth 2.5 billion, marking the largest inflow in recent years.
They have been accumulating in the 2300 - 2900 range, preparing for the next surge in Ethereum.
In terms of spot trading, it's advisable to gradually accumulate below 2500. This bull market should see Ethereum above 5000 without much issue.
Internationally, the situation between Iran and Israel has shaken the market.
Yesterday, the U.S. assisted Israel in striking the Iranian capital, causing the market to drop to around 2450, where it found support and quickly rebounded above 2500, indicating that capital is quite optimistic about this level.
In terms of data, on Thursday at 2 AM, the Federal Reserve's interest rate decision and economic outlook are expected to have little impact.
At 2:30, Powell's speech may lean dovish, as the U.S. economy is weak and needs to rely on interest rate cuts to stimulate.