At present, from the perspective of 1 hour, after the short-term pin of the big cake near 49000, it got short-term bottom support near 49800. After a sharp drop, it gradually resumed its upward trend, forming a step-by-step rise with a small negative in the hour, and tried to break through the 57000 mark earlier. Although it seems to gradually maintain a good upward trend and gradually warm up.

But after a wave of rapid declines, affected by the stimulation of the news, and with some uncertain factors, the market is still not stable.

Therefore, we still need to be cautious in short-term operations. Don't rush to blindly chase more, and don't be too aggressive to look at shorts. Maintain stability in operations.

The overall trend of Ethereum is similar to that of big cake.

Short-term thinking:

Big cake: short near the upper rebound of 56500, the target is below 54000.

Ethereum: short near the upper suppression of 2500, the target is below 2400! $ETH $ETH #美联储何时降息？ #加密市场反弹 #MarketDownturn #MarketDownturn #美国7月非农就业增长放缓