#美联储降息 Ethereum has bounced back from the 2620 low. When it dropped below the 3000 integer mark a couple of days ago, we were all a bit nervous, but the daily MACD formed a golden cross and the red histogram began to expand, which is a good sign. The short-term moving averages are aligned in a bullish pattern, and it looks quite stable.

The key level is around 2900, which has strong support. More importantly, it recently broke through that long-term downtrend line that has been weighing on the price — everyone should understand what this means. There is a chance to push towards 3200 and 3500 levels later on.

For trading suggestions, consider going long in the range of 2880 to 2920. The target levels are sequentially 3100, 3180, 3260, and 3340. $BTC $ETH Always pay attention, as market sentiment is often interconnected.