$ETH Now it can’t break through at 2500—you callback, but the institutions keep buying. The bigger trend hasn’t broken down. Before the mid-September Fed meeting, don’t go heavy on positions. Just do high-sell/low-buy between 2350 and 2500.
Why is it dropping?
The Fed may raise rates in September, and the probability is almost 70%. Also, the chair said they won’t provide clear forward guidance anymore; the market is confused, so people get panicky.
The U.S. has also attacked Iran again—oil prices rise. Everyone runs to buy gold for safe-haven, and higher-risk assets like crypto get sold off.
At the 2500 level, it has tried to break through several times but failed. There are too many sell orders above it. Since it can’t push through, it can only fall back.
Why shouldn’t you panic too much?
The Ethereum ETF has seen purchases for 12 straight days. Institutions have been secretly adding, and they haven’t run.
On September 1, they bought another more than $100 million—cumulatively they’ve bought $1.6 billion.
Founder Vitalik also released a new roadmap. For the long term, there’s still a story to be told.
How to trade it?
Right now, it’s just moving back and forth in the box between 2350 and 2500. When it’s high, sell; when it’s low, buy.
If it falls to 2360–2380 and can’t break lower, you can buy a small amount with light sizing. Put the stop loss at 2330. Targets: 2450–2480.
If it rises to 2470–2500 and stalls, you can short. Put the stop loss at 2530. Targets: 2380–2350.
Before the September 15 Fed meeting, don’t go heavy—wait until the direction becomes clear, then act.
On weekends liquidity is thinner, so try to do less trading; it’s easier to get wicked/interrupted.
Note the key levels: 2500 is the ceiling, 2400 is where we are now, 2350–2380 is the floor, and 2300 is the line between life and death. If it breaks, it’s truly weakening.
#G20声明关注数字资产吁负责任创新 #科威特美军基地发生爆炸
Why is it dropping?
The Fed may raise rates in September, and the probability is almost 70%. Also, the chair said they won’t provide clear forward guidance anymore; the market is confused, so people get panicky.
The U.S. has also attacked Iran again—oil prices rise. Everyone runs to buy gold for safe-haven, and higher-risk assets like crypto get sold off.
At the 2500 level, it has tried to break through several times but failed. There are too many sell orders above it. Since it can’t push through, it can only fall back.
Why shouldn’t you panic too much?
The Ethereum ETF has seen purchases for 12 straight days. Institutions have been secretly adding, and they haven’t run.
On September 1, they bought another more than $100 million—cumulatively they’ve bought $1.6 billion.
Founder Vitalik also released a new roadmap. For the long term, there’s still a story to be told.
How to trade it?
Right now, it’s just moving back and forth in the box between 2350 and 2500. When it’s high, sell; when it’s low, buy.
If it falls to 2360–2380 and can’t break lower, you can buy a small amount with light sizing. Put the stop loss at 2330. Targets: 2450–2480.
If it rises to 2470–2500 and stalls, you can short. Put the stop loss at 2530. Targets: 2380–2350.
Before the September 15 Fed meeting, don’t go heavy—wait until the direction becomes clear, then act.
On weekends liquidity is thinner, so try to do less trading; it’s easier to get wicked/interrupted.
Note the key levels: 2500 is the ceiling, 2400 is where we are now, 2350–2380 is the floor, and 2300 is the line between life and death. If it breaks, it’s truly weakening.
#G20声明关注数字资产吁负责任创新 #科威特美军基地发生爆炸
