Bros.As I told you before, after the, Fed Chairman Powell beat around the bush at the Fed meeting last night, neither releasing a signal of interest rate cuts nor a signal of maintaining long-term high interest rates. Therefore, I have predicted that the market will fall first and then rise in my previous article. Is our prediction accurate? From the current point of view, it is accurate to fall first. Then I expect that there will be a rise around tonight or tomorrow at noon. Although everyone has been concerned about the CPI, I told you that CPI is not a matter. But interest rate cuts are important. Therefore, we predicted that the market will experience a drop first an then go up according to our previous analysisi of the Powell's speech. From the current market situation, it is completely in line with our expectations, and Ethereum has also reached the Fibonacci 0.786 ‼ At present, Fibonacci 0.786 has a good support. The next step is to wait for a breakout of this downward channel pattern. If it is successfully broken and the price moves back to $3640 , the market will soon usher in a significant rise.#interestrate #CPI_DATA