Ethereum broke through the previous range in the afternoon, currently in the long-short game range of 2550.
Brother Shun believes that we should mainly focus on buying low.
The resistance level in the lower range has now turned into a support level.
From the 4-hour level, whenever the price falls near the midpoint, there is always a large amount of buying, forming a long lower shadow.
A Federal Reserve governor stated that there may be a possibility of interest rate cuts as early as the July meeting.
Based on the above analysis and the release of interest rate cut news, it is expected that the price will likely rise tonight.
