#美联储降息 Ethereum's recent market movement is quite interesting. Dropped from over 4000, rebounded to 3446 and 3450 but couldn't break through resistance. Just after the Federal Reserve cut interest rates, it was hammered back down—good news turned into bad news. We've seen this kind of rhythm many times before.



From a technical perspective, there might be a short-term opportunity to short during a rebound around 3250, but the support level at 3140 needs to be protected. Don't be too greedy; if the price drops below 3000, it may continue to test new lows, possibly even reaching 2800.

Friends who entered short positions at high levels last night, don't rush to take profits yet. There is often more room for movement. Currently, the overall downtrend hasn't finished, and being patient for signals is wiser than rushing to close positions.
ETH1.29%
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0xTherapistvip
· 16h ago
The market driven by good news is the most disgusting; this is the usual operation of ETH. Holding the 3140 level is truly crucial.
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GasFeeLovervip
· 12-11 13:10
Good news turns into bad news, I can memorize this routine haha. Hold onto the short position, continue smashing on the rebound at 3250, the bottom is still far away.
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DeFiVeteranvip
· 12-11 13:06
Good news directly turns into a knife, I've been tired of this trick for a long time haha
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GasFeeNightmarevip
· 12-11 13:04
Coming back with this again? Cutting interest rates ends up crashing the market; all the supposed benefits are just knives. My Gwei tracker was so overwhelmed last night at 3 AM. I should have known better than to stay up all night watching the market. If I can't hold the 3140 level now, I'll just cut my losses.
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MissingSatsvip
· 12-11 13:00
Is this good news about to end everything? LOL, I'm used to it already. Anyway, I'll go short again at 3250.
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SmartContractDivervip
· 12-11 13:00
Positive momentum drops sharply, I’ve memorized this pattern haha --- 3250 rebound, then directly drop, just waiting for it --- Friends who shorted yesterday, really don’t panic, we’re just getting started --- 2800? Feels like we need to test the waters further down --- The Fed moves and the market reacts in the opposite direction, unbelievable --- Be patient and hold your shorts, don’t be fooled by rebounds --- Resistance is resistance, if 3450 doesn’t break suddenly, then go down --- If 3140 doesn’t hold, I’ll just eat noodles --- This wave isn’t over yet, no signals have appeared
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0xSoullessvip
· 12-11 12:59
Good news turning into bad news, how long can this trick last... By the way, to the brothers who shorted at high positions yesterday, don't be reckless; this breakout downward might still have some play left.
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