Looking at #ETH 4h

Yesterday, I closed all longs — important events are expected this week that could affect the market at least until the end of it. In particular, tomorrow the Federal Reserve will hold a meeting on interest rates.

The nearest levels for potential purchases of Ethereum are around 3832 and 3567, however, I do not plan to open trades from these levels until the meeting concludes. After the announcement of the rate decision, it will be clearer how to proceed.

Ethereum and Bitcoin may continue to rise from current positions, but before the rate announcement, I prefer to stay out of the market. Significant manipulation is possible during this period.