Unlike before, Ethereum has developed its own style. Although the economy has slowed down, Powell is still the main actor in this script. Once inflation comes down, he'll say, 'We will adjust cautiously,' which means, in simpler terms, 'I have the interest rate cut button, so don’t panic.'
This interest rate cut script feels more like a plot twist for the next episode. There are still uncontrollable factors ahead, and considering the changes in market sentiment, one can take advantage of Ethereum's strength and buy on dips!
Suggestion: 4700 as the entry point, 4650 as the average-down point, looking to break 4850 and aiming for 5000.
