Babies! Ethereum (Second Cake) Market Quick Report is here on 2025.4.24～

1. Key technical support levels below: $1750-1760

👉 4-hour Bollinger Band middle line and EMA30 overlap

Whales have set orders here to hoard coins; holding this level can trigger a bullish counterattack!

Resistance above: $1800-1820

👉 Fibonacci 38.2% retracement level + psychological barrier; once broken, it will directly surge to $1850-1900!

2. Market sentiment & capital dynamics

✅ CME short position ratio decreased from 63% to 55%, hedge funds are busy closing positions, directly boosting the rebound!

✅ On-chain data: 240,000 coins net outflow in 24 hours, selling pressure significantly reduced, positive news!

3. Macro environment impact 💵 Interest rate cut expectations are high: Trump is urging the Federal Reserve to cut rates, the dollar index has fallen below 99, and funds are pouring in wildly!

If tonight’s US PCE data is below expectations, the easing policy will be more stable!

⚡ Competitive pressure: Solana's daily active users of 2 million is impressive, but Ethereum still stands strong in the RWA field～

4. Operational advice: Buy directly on the pullback to $1750-1770!

Target price $1850-1900, just go for it! #TRUMP晚宴