📈 $ETH New ATH
Yesterday I was still questioning life, today the shorts were directly squeezed, and the bears lost $259 million in one day.
Powell sent a dovish signal at Jackson Hole, and the market instantly unlocked liquidity, leading BTC and ETH to fight back together.
🌍 Market Resonance
BTC held steady at $113K, and the bulls are still alive.
ETH surged to a new all-time high, knocking on the $5K door.
The three major U.S. stock indices rebounded, and the market's 'rate cut trade' is heating up again.
The Fear & Greed Index quickly returned to the 'Greed Zone'.
⚖️ ETH Key Levels
Support: $4,600–$4,700
Resistance: Stabilize above $4,885 → Directly targeting $5K / $5.5K
Pullback: $4,300–$4,500 is the area for gradual accumulation.
🎯 Trading Strategy
Conservatives: Wait for stabilization before chasing.
Aggressives: Test positions on a pullback to $4,600–$4,700.
Swing Traders: Slowly pick up if panic drops to $4,300–$4,500.
🐂 Conclusion
This is not just a new high, but a perfect symphony of E-Watchman faith + rate cut expectations + market resonance.
ETH has already knocked on the door, and the next step could be a full-blown Altseason.
