Ethereum just broke through $4600 before suddenly pulling back, with both bulls and bears fiercely contesting around $4550! Today's trend key points are these three!
The 4-hour chart shows a long lower shadow, indicating strong support around $4430! However, the MACD red bars are expanding, with short-term resistance set at the $4620-4650 range; do not chase the rise until it breaks through!
After the Federal Reserve's interest rate cut landed in the early morning, ETH briefly plummeted to $4412 but quickly bounced back! This indicates that the positive expectations have been digested in advance, and the subsequent trend needs to pay attention to actual capital inflows.
Today's strategy: short-term support $4430-4450
Resistance $4620-4650! Breakthrough of the resistance level can allow for light position follow-up, but be cautious if it breaks support! $ETH #美联储重启降息步伐