Evening PCE Price Index, will the impact of tariffs become apparent?
ETH has been consolidating for 3-4 days after re-entering the daily central zone with a strong bullish reversal. The daily SKDJ rebound trend has not yet reached the top, and it is grinding at the lower edge of the strong support at 2380, still having the trend to impact the daily middle and upper bands. Pay attention to the support at 2380;
ETH is consolidating in a sideways manner on the 4-hour chart, forming a small central zone between 2380-2500. Currently, it has regained strength by standing above the middle band, looking to impact the upper edge of 2480-2500, waiting for a strong bullish breakout from the small central zone to start the rally!
ETH is focusing on the small central zone opportunities on the 4-hour chart, especially the support at the lower edge of the combined 4-hour and daily central zones at 2380. If the daily does not reach the top, it is unlikely to break below, and any pullback is an opportunity!
Pay attention to the PCE data and the University of Michigan Confidence Index, whether it will take the opportunity to rally!
