Last night, the market was quite active, but in the end, there was neither a significant drop nor a significant rise, maintaining a lukewarm state, which belongs to the third scenario.
Previously, everyone was saying that Iran was going to make a big move, but it turned out to be just a feint. If you think about it carefully, if you were the leader of Iran, how could you possibly announce to the whole world a day in advance, 'Tonight I'm going to launch a nuclear bomb'? Wouldn't that just give the financial circles a chance to clear their positions and profit from shorting?!
Now, let's talk about the speech of Federal Reserve Chairman Powell. He always speaks in this style. One moment he says that interest rates might be cut soon, and the next he says it might not happen, similar to those street fortune tellers who keep saying the market could soar or plummet, essentially saying nothing.
Let's take a look at Ethereum's performance. Last night, both bulls and bears were fiercely competing, but Ethereum tested the support level of 2460 three times and surged at the resistance level of 2540 four times, ultimately getting stuck in this price range without breaking through.
Currently, the market's fluctuations are too small, and the room for operation is limited. If you really want to trade, at most you can buy or sell a small amount near the support and resistance levels, taking advantage of the fluctuations to earn a few dozen points in the price difference. Just don't meddle unnecessarily; be patient and wait for the market to show a clear direction and present a good opportunity before taking action. Don't get anxious and mess around.