Macroeconomic Aspects

1. U.S. Ethereum ETF may soon launch staking yield feature

2. Coinbase Bitcoin trading volume declined over the weekend, market trading enthusiasm slightly cooled, cautious shorting before a reversal

3. Several U.S. Federal Reserve chairs support interest rate cuts—macro positive

4. Liquidation map shows long and short liquidation points are around 94000 and 98000, maintaining a high volatility range in the technical aspect

Technical Analysis ETH

1. Monthly chart shows a strong bullish candle breaking multiple lines; KD indicator has adjusted sufficiently after previous declines, currently has room for upward divergence

2. Weekly chart closed bullish and broke above the upper bound of the DC indicator, long and short positions have reversed; there is relatively little chip pressure above, bulls theoretically targeting previous highs

3. In the daily chart, the arc bottom pattern 1:1 space test shows bullish target at 4K; yesterday's close was a high-volume bearish candle, the candlestick combination leans towards a evening star, but the bearish candle has a long lower shadow, diminishing the bearish combination effect—maintaining a high volatility range mindset

4. Pay attention to the rising wedge pattern + fibo time zone delineation window 5 (non-farm payroll day)