Analysis of ETH market on September 18, layout in advance, the interest rate will be announced at 2:00 am tonight, and the speech will be at 2:30.

The posts I read yesterday and the day before yesterday or those who consulted me about the general direction are all accurate. Although Ethereum did not fluctuate much, it also had 50 points. It was sideways at 2300 tonight, which was to absorb funds, and then wait for the announcement of the interest rate!

The announcement of the interest rate at 2:00 am means a rate hike or a rate cut. At present, it is confirmed that a rate cut is a positive. If it is a 50 basis point rate cut, then it will be a big rise. If it is a 25 basis point rate cut, then the fluctuation may not be so exaggerated. From the perspective of the 4-hour technical indicators, the general direction is empty, so from the indicators, it is not clear that there will be a 50 basis point rate cut. My personal guess is 25 basis points, for reference only.

The ETH trend chart is shown in Figure 1: The trend chart of the interview is a special trend chart, a triangular trend. The triangular trend means that the market will continue to shrink, and then break through the trend to expand the market. It is very reasonable to combine it with the news tonight. At present, it will rebound upward when it touches the lower trend line near 2280, and it will pull back downward when it touches the upper trend line 2366. Therefore, the trend chart is not very clear. We can only say that we should focus on these two positions. Once it breaks through, it will break the market and expand.

ETH 4-hour technical indicators are shown in Figure 2: KDJ crosses downward. It has been said before that if it crosses, it must be strongly bearish, but if major good news appears, it will also change the technical indicators. MACD is going down and the structure is downward. At present, this position is also easy to reverse. It is not used as a reference. From the technical indicators, it is empty, but from the triangle area, it is low and more plus shock. For operation, you can do a small range, mainly high and empty.

ETH evening strategy: short near 2310-2320, target near 2260, and pin near 2250