#美联储降息 Ethereum, Bitcoin, and Solana have been showing interesting movements recently. From a technical perspective, the level at 4294 has been successfully broken through. If you follow the trend and buy high now, there is at least about 23 points of upward potential. Usually, after a support or resistance level is broken, there is a pretty nice rally, but it mainly depends on whether the trading volume can keep up. $ETH $BTC $SOL these three coins have been performing well recently driven by expectations of the Federal Reserve cutting interest rates, and market sentiment remains quite positive. In the short term, if they can hold this breakout level, there’s no need to worry too much during a pullback.
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AllInDaddy
· 12-16 14:51
Breaking 4294 is just a signal; whether the volume can keep up remains to be seen, and avoid another false breakout.
The Fed's expectation of interest rate cuts has indeed stirred up market sentiment, but I still need to be cautious.
I generally don't trust price increases without enough trading volume. Can this rally reach 23K? Let's wait and see.
Breaking through resistance levels looks good, but the key is whether it can hold steady; a pullback will likely break again.
SOL's recent surge is quite strong, but I'm just worried the sentiment might get overdone.
ETH and BTC following the trend are okay, but I'm afraid everything will be over if the Fed shifts its stance.
Market sentiment is good, which is nice, but at such times, it's often the most dangerous.
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BearMarketSurvivor
· 12-16 14:42
Trading volume needs to keep up, otherwise this breakdown is meaningless.
#美联储降息 Ethereum, Bitcoin, and Solana have been showing interesting movements recently. From a technical perspective, the level at 4294 has been successfully broken through. If you follow the trend and buy high now, there is at least about 23 points of upward potential. Usually, after a support or resistance level is broken, there is a pretty nice rally, but it mainly depends on whether the trading volume can keep up. $ETH $BTC $SOL these three coins have been performing well recently driven by expectations of the Federal Reserve cutting interest rates, and market sentiment remains quite positive. In the short term, if they can hold this breakout level, there’s no need to worry too much during a pullback.