Last night's ETH surged 250 points: Trump's nuclear-level policy + Federal Reserve's surrender!
Last night, ETH suddenly surged violently; it was not just a 'technical rebound', but a combined effort by Trump, the Federal Reserve, and the U.S. Congress to launch a crypto offensive!
Trump overturns the $9 trillion pension market!
According to the Financial Times, it is confirmed: Trump will sign an executive order this week, opening the $9 trillion pension (401k plan) to buy cryptocurrencies! This is the retirement money of the American people; even if 1% flows into the crypto market, ETH will take off!
Congress passed three major bills overnight, and Trump signed the GENIUS Act today!
The House of Representatives quickly passed the (CLARITY Act) (GENIUS Act) (Anti-CBDC Surveillance Act), with the GENIUS Act officially becoming law today! This is the first time in U.S. history that legislation has paved the way for cryptocurrencies, and institutional funds can now enter without obstacles!
The Federal Reserve suddenly 'backs down', Daly states: 'There must be two rate cuts this year'!
Federal Reserve bigwig Daly urgently speaks out in the early morning: two rate cuts are very reasonable! Coupled with Trump's pressure, the dollar's hegemony is loosening, and funds are wildly flowing into ETH and other anti-inflation assets!
Tonight's battle at the crucial 3800 signal:
The technical indicators have sounded the alarm!
Clearly visible in the chart: ETH violently breaks through the key resistance level of 3661 (original horizontal breakout point), and the bullish volume explodes!
The Fibonacci indicator shows: the next target points directly to 3800 (61.8% resistance level), after strongly rebounding from the support at 3560 last night, the bears have been crushed!
The main orders are hiding danger: buy orders are densely piled at 3468, while sell orders at 3661 are instantly consumed, and large transactions frequently occur—whales are buying up!
Tonight's life-and-death situation: 20:30 U.S. data will determine the outcome!
If tonight at 20:30 the U.S. new housing starts data is weak + 22:00 inflation expectations cool down, the probability of a Federal Reserve rate cut in September will soar to 90%! Coupled with Trump's signing of the GENIUS Act, ETH will:
Charge through 3800 in one go! (The deep pressure point in the chart is at 3644; after the breakthrough, there are no risks to guard against)
But if the data is bearish: beware of a pullback to the 3560 support (marked as 'first retest support' in the chart), if it doesn't break here, it is still an opportunity to buy the dip!
The specifics of Trump's pension plan have not yet been disclosed, but according to insider information: ETH may become the preferred asset in 401k plans! Want to position yourself ahead of the next wave of a thousand-point rally?
Market fluctuations, strong players team up! Iron Eagle's top positions are open, limited to ambitious and crazy players to seize!
$ETH