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Tonight the Crypto Assets market is about to迎来重要时刻, especially at 10 PM when Fed Chairman Powell will give a speech. This is undoubtedly the most关注 event in the current market, as his remarks may have far-reaching effects on global macroeconomic policy and the direction of financial markets.
If Powell releases signals leaning towards tightening, the market may come under pressure in the short term. Investors may quickly move funds from high-risk assets to more conservative investment choices. In this case, the price of Ethereum may fall back to around $4214, and may even drop further. Bitcoin, on the other hand, needs to closely monitor the support level near $110800.
On the contrary, if Powell's speech leans towards easing or maintaining the status quo, Ethereum may break through the resistance level of $4430, and the entire crypto assets market may also experience a wave of bullish momentum.
It is worth noting that, based on historical data, Ethereum's price fluctuations during the central bank annual meeting usually exceed 5%. Therefore, today may become an important turning point in the Crypto Assets market. Investors should closely follow market trends and be prepared to respond to drastic fluctuations.
Regardless of how the market trends, continuously following market dynamics and reasonably allocating asset portfolios is a wise move to cope with market uncertainties. In this challenging and opportunity-filled market environment, it is particularly important to remain calm and rational.