ETH also moves with the market, and the Federal Reserve's announcement of no change in interest rates did not bring much change to ETH's overall trend.
Looking at the 4-hour Fibonacci trend for ETH, the upper pressure level is in the 2600-2660 range, while the lower support level is in the 2440-2400 range.
When you look at the daily chart of ETH, you will feel a sense of powerlessness; it's really disappointing. It should have followed BTC's lead and risen all the way, but it fell behind once and has not caught up since. Next, we need to see if Vitalik and the Ethereum ecosystem have any breakthrough progress in upgrades; otherwise, ETH will really lag behind BTC.
Subsequent market fluctuations will continue to depend on news in the market, new narratives, new strategies, international news events, and other unexpected incidents such as the dynamics of the Federal Reserve.
