2300-2500 is a very critical position for Ethereum, spot can be entered in batches, just increased the position of UNI at an average price of 7.28, the previous 6U base position continues to hold! #我的交易风格 #GENIUS稳定币法案 #币安Alpha上新

#ETH Ethereum reaches a critical support position, is it worth buying below 2500?

First, let's look at the ETF situation. Continuous inflow for nearly half a month, strong buying power from the US. Last week, several large holders, or whales, started purchasing ETH, worth 2.5 billion, becoming the largest inflow in recent years (indicating that market funds are starting to flow into ETH). The range of 2300-2900 has been consistently accumulating, preparing for Ethereum's next push. Current spot trading advice suggests that below 2500, one can gradually position themselves. This wave of the bull market should see Ethereum above 5k without much problem!

Internationally, the Iran-Israel incident is the biggest boost for this market correction. Yesterday, the US assisted Israel in directly striking Iran's capital, causing the market to drop to around 2450, where it found weekly support and rebounded quickly above 2500, indicating that market funds are still optimistic about this position!

From the data perspective: The Federal Reserve's interest rate decision and economic expectations at 2 AM Thursday (this data won't have a significant impact), and Powell's dovish speech at 2:30 will be more favorable, as the US economy has deteriorated to the extreme, needing to cut interest rates to stimulate the economy!

Altcoin focus: UNI FARTCOIN AIXBT

That's it for this share, remember to like + follow #我的交易风格 #美联储FOMC会议 #以色列伊朗冲突