Auntie $ETH is pretending to be dead again, obviously waiting for the Fed drama at 2 AM. Brothers, remember three key points:
1. Don’t be the night owl champion: Powell’s speech will definitely have surprises, but don’t get itchy fingers and chase the rise. How many people were trapped by that 'hawkish rate cut' in March 2023, remember?
2. Master of drawing lines is online: Auntie is now stuck between the 1850 ceiling and the 1740 floor, swinging around with just about a hundred dollars of space up and down. Entering trades in this market is just sending transaction fees to the exchange.
3. Reverse indicator warning: The whole internet is blowing up about 'rate cut expectations', and this often turns good news into bad. If there’s going to be a breakthrough, wait until the needles are finished before acting. Remember: the big players love to explode those red-eyed gamblers who stay up all night watching the market.
Tiger Brother predicts that tonight's script is highly likely to be: dumping contracts before the speech → spiking up and down during the speech → heading in the real direction before dawn. It’s recommended to place a buy order at 1745 as a long position, set a double take profit, and keep a 50-dollar stop loss; no matter how the dog dealer swings, it won’t hurt us. Brothers aiming for wealth, comment 'Tiger Brother is steady'!