#ETH🔥🔥🔥🔥 Trading Suggestions

Recently, Ethereum's performance is worth paying attention to. Although it has repeatedly tested and failed to hold above $4000, there is still potential for a strong upward movement that could break this important resistance level.

From a technical perspective, the four-hour chart shows that ETH is currently at the lower edge of a parallel channel, close to a support level. This is a moment to consider entering the market, capitalizing on a potential rebound. Additionally, tonight's Federal Reserve interest rate decision is expected to cut rates by 25 basis points, which could serve as a catalyst for the market, pushing ETH further upward.

Trading Strategy:

- Consider going long with 50x leverage around $3805;

- Add to positions around $3720;

- If it falls below $3680, then stop loss;

- The initial target is around $4100, and if it stabilizes above $4000, then consider aiming for a high point of $4500.