#美联储联邦公开市场委员会决议 Ethereum hovered around 3320 on Wednesday evening, still within that wide upward channel on the hourly chart. The sharp surge yesterday directly pushed to the strong resistance level of 3380, and has since retraced to the current level.
I think the key is whether the 3250 line can hold. To be honest, as long as the price doesn't fall below the 3230-3250 range, combined with the catalyst of the Federal Reserve interest rate decision later tonight, the bulls basically have no suspense.
In the short term, the 3230-3250 zone is a good opportunity for long positions. It all depends on how the FOMC statement will be interpreted—that will be the real game changer.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
5
Repost
Share
Comment
0/400
LiquidationWatcher
· 10h ago
3250, if we can't hold it, let's just wait to die. Anyway, the FOMC can't save this broken market.
View OriginalReply0
DisillusiionOracle
· 12-11 05:40
Whether 3250 holds or not is the real question; I bet on the FOMC wave of catalysts.
View OriginalReply0
MoonlightGamer
· 12-10 13:33
If 3250 doesn't hold, this rebound will be pointless.
View OriginalReply0
DeFi_Dad_Jokes
· 12-10 13:13
If 3250 doesn't hold, we have to admit defeat. However, with the FOMC announcement, I still see hope for the bulls.
#美联储联邦公开市场委员会决议 Ethereum hovered around 3320 on Wednesday evening, still within that wide upward channel on the hourly chart. The sharp surge yesterday directly pushed to the strong resistance level of 3380, and has since retraced to the current level.
I think the key is whether the 3250 line can hold. To be honest, as long as the price doesn't fall below the 3230-3250 range, combined with the catalyst of the Federal Reserve interest rate decision later tonight, the bulls basically have no suspense.
In the short term, the 3230-3250 zone is a good opportunity for long positions. It all depends on how the FOMC statement will be interpreted—that will be the real game changer.