The impact of news is far greater than that of technical analysis. Within half an hour of the Federal Reserve releasing the meeting minutes, BTC hit a new high.
ETH's current pullback has reached the 0.5 level. If it cannot break through the 0.618 golden retracement level and stabilize, the long-term bullish forces for ETH will still be ineffective. Currently, for those looking to go long on ETH, watch the 0.618 golden level (around 3060). However, considering ETH's performance at the end of last year, it may still face difficulties, unless there is another significant positive announcement (like a rate cut). #美联储6月会议纪要