U.S. CPI data fell short of expectations, strengthening market expectations for interest rate cuts, risk asset sentiment warmed, and $ETH responded by strengthening. Currently, the 1-hour price broke through the EMA moving average and super trend resistance, with MACD forming a golden cross and expanding, indicating that short-term bulls are favored. However, caution is needed as some of the data expectations have already been priced in; if the Federal Reserve's future statements lean hawkish, ETH may retest the $2,200 support level, with resistance seen in the $2,280-$2,300 range.