#美联储重启降息步伐 Last night, ETH experienced a textbook-style correction—a 4-hour death cross signal materialized, and with bearish evening data, the price dropped directly, bottoming out at the 3080 support zone before rebounding. This round of volatility covered nearly 200 points, likely giving short-term traders a roller coaster ride.

Currently, the price is hovering around 3170. On the 2-hour chart, the SKDJ has just formed a golden cross, so the technical outlook is temporarily tilted toward a rebound and recovery. However, whether the 4-hour chart can hold above 3170 still depends on how the candle closes. On the news front, Japan’s ongoing rate hike actions continue to stir up market sentiment, so overall, we’re still in a consolidation pattern.

Tonight’s PCE data may be the key—the height and duration of the rebound will most likely depend on this release. Keep a close eye on the timing window.

$ETH