#ETH

ETH Garbage Ether!

Recently, Ether has been worth watching, having tested and failed to hold above 4000 multiple times. Can we see a strong upward surge that allows it to stay above 4000?

Currently, the four-hour parallel channel is approaching the lower edge of the channel. This is a good point to consider entering a long position, aiming for a decent rebound. With tonight's Federal Reserve interest rate decision, it is highly likely that they will continue to cut rates by 25 basis points! This could be the ignition point for the market!

ETH trading suggestion: Buy long around 3805 with 50x leverage, add to the position near 3720, set a stop loss if it falls below 3680, and initially target around 4100. If it stabilizes above 4000, it might be worth aiming for a high point around 4500!