Why? As the old saying goes—expectations are baked in—reality is a trap. This time, a 25 basis point rate cut, the market already knew, and the good news was fully priced in. When it actually materialized, it became the catalyst for profit-taking.
What’s even more deadly is Powell’s press conference. His words subtly showed hawkish signals, clearly signaling a slowdown in the pace of future rate cuts. The market was instantly confused by this, and risk assets came under immediate pressure. When funds hesitated, high-beta assets like ETH were the first to suffer.
From a technical perspective, ETH is likely to test the support zone between 3200 and 3000 in the short term. Whether it can hold depends on what happens next.
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HalfIsEmpty
· 6h ago
Expected things are really dead, after eating, they turn around and dump the market
Another round of "good news is all bad news"? Powell, this hawk, is really good at stirring things up
If 3000 can't hold, we have to keep watching further downward
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MysteryBoxOpener
· 6h ago
It's the same old expectation again. As soon as Powell speaks, I know the market will crash.
The trap is set like this. If you've already sold out early, why buy again?
Can 3000 hold? I bet it can't.
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CryptoHistoryClass
· 12-10 22:51
ngl this is just 2015 dot-com playbook running again... priced in before it lands, then reality hits different lmao
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GasFeeCrybaby
· 12-10 22:49
The expectation is that once it's consumed, it will be hit; this trick has been played out.
As soon as Powell speaks, risk assets have to kneel. ETH, being high Beta, can't possibly stand alone, it's hilarious.
It's a miracle if the 3000 line holds; I bet five cents it will break through.
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CounterIndicator
· 12-10 22:43
The expected hype turns out to be a trap, this sentence really hits hard.
Buying the dip or waiting for 3000, it's hard to say.
As soon as Powell speaks, you know there's no good news.
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PumpAnalyst
· 12-10 22:35
It's the same old expectation game; I've seen through it long ago. Powell's words can guide the market direction better than candlestick charts.
If the 3200 support can't hold, the price will drop directly. Don't chase the highs, fellow leek growers.
It's bearish, but during rebounds, don't be soft. The swing trading opportunity is right here. The key is whether your risk control is in place.
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SilentObserver
· 12-10 22:33
Positive news landing actually causes a sell-off; this tactic has been played out. With just one statement from Powell, funds will flee, and high-beta assets can't even hide.
ETH is shorted this wave.
Why? As the old saying goes—expectations are baked in—reality is a trap. This time, a 25 basis point rate cut, the market already knew, and the good news was fully priced in. When it actually materialized, it became the catalyst for profit-taking.
What’s even more deadly is Powell’s press conference. His words subtly showed hawkish signals, clearly signaling a slowdown in the pace of future rate cuts. The market was instantly confused by this, and risk assets came under immediate pressure. When funds hesitated, high-beta assets like ETH were the first to suffer.
From a technical perspective, ETH is likely to test the support zone between 3200 and 3000 in the short term. Whether it can hold depends on what happens next.