【$ETH Tonight: Key Breakout or Pullback? All Eyes on U.S. Jobless Claims】
Last night, ETH once again challenged 3000, with night trading capital moving very actively, and the bullish momentum clearly stronger than the bearish. The core of this wave of market movement remains the 'market's rising expectations for a Fed rate cut.'
ETH attempted to break above 3000 again last night, supported by strong late-night inflows.
Since last Friday, the dovish remarks from Fed officials have continued to emerge, and the market direction is quite clear.
The main driver remains rising expectations of a Fed rate cut — fueled by a series of dovish comments from Fed officials since last Friday.
Market Flows: Smart Money Moving at Night
Daytime trading volume was quiet, but once it entered the deep night, major players took action, and trading volume surged.
Daytime liquidity stayed quiet, but once the night session began, large orders started hitting the market.
This means:
This behavior suggests:
Institutions are positioning for a rate-cut narrative
Smart money is quietly accumulating
Bullish structure remains intact
The continuous buying in the night session is currently the most noteworthy signal.
Night-session inflows are currently the strongest signal in the market.
📈 Key Catalyst Tonight: U.S. Initial Jobless Claims
The data will likely decide short-term direction:
1. If data comes in below expectations (strong labor market):
→ Rate-cut expectations may cool
→ ETH may face selling pressure
Support to watch: 2850
2. If data comes in above expectations (weak labor market):
→ Rate-cut expectations strengthen further
→ ETH could break through 3000
Upside target: 3000+
🎯 Short-Term Strategy (Scalp / Intraday)
Entry zone: 2880–2900 (long bias)
Stop loss: 2850
Target: 3000, and hold if breakout confirms
This zone has acted as a strong support recently, with repeated night-session buy-ins. “Dip before data” accumulation remains the mainstream play.
🔍 Summary:
This move is not about betting on an actual rate cut —It’s about capturing the momentum created by rate-cut expectations.
Night-session price action shows clear bullish dominance.
Once tonight’s data is released, volatility could spike instantly.
Trade safely and stay prepared.
🔥 Follow the swing brother 𝗦𝘄𝗶𝗻𝗴𝗕𝗿𝗼_𝟬𝘅 to catch the golden moment before the bull market starts!
Remember to like and share, let’s ride the market together tonight!