The market will reach a critical point tonight: Will the Federal Reserve's speech cause Powell to amplify his message? Or is it just a false alarm?
Tonight, the global market will focus on Fed Chair Powell's speech at 22:00. As a major highlight, the macroeconomic policy signals he releases will directly influence global capital flows—once the policy direction shifts, the market may experience drastic fluctuations!
If hawkish tightening signals are released:
ETH needs to be wary of falling back to the support level of 4214, and a deeper adjustment cannot be ruled out.
BTC should pay attention to support near 110800.
If dovish easing or stability is indicated:
ETH may break through the resistance at 4430 and challenge the psychological level of 4500;
BTC may once again hit the round number of 120,000.
Tonight, as an "atypical Black Friday," market fluctuations may significantly intensify, so be sure to closely monitor the speech dynamics and real-time market conditions! $BTC