Black Friday!!!
Tonight, will it be bullish or bearish? Ethereum spiked to 2377 this morning, and has been showing a fluctuating upward trend. Since this afternoon until now, it has been in a sideways market with little liquidity!
The recent fluctuations have mostly occurred in the evening or late at night. Today is Friday, and at 8:30 PM, the year-on-year Core PCE Price Index for May will be released. This is related to interest rate cuts and has a certain impact on the crypto market. Currently, Ethereum is at a price level of 2450, neither up nor down, but the current direction is bullish in the short term, with an upward target of 2490. It’s advisable to enter with a light position.