#美联储重启降息步伐 Most of what needed to be said about this round of Ethereum’s market movement was already discussed last night. The 4-hour target price level has basically been achieved. Now, the 3255 right in front of us is not an easy level to break through. Even if it does eventually break, it will likely take several attempts before pushing through. Expecting a direct breakout in one go? The odds are really low.

$ETH The most ideal scenario right now is continued consolidation and digestion within the flag range. If it falls below the flag boundary, the situation will be similar to $BTC —most likely it will retest the low of the wick from early morning, which is around the 3050 level. This is a very critical position and serves as a strong support. If 3050 doesn’t hold, it could quickly enter a rapid decline. $XRP