#美国民主党BlueVault $ETH Profitable 100 Points Easily in Your Pocket

Last night, amid the decline of the US stock market, Ethereum surged early in the morning, rising straight from 3200, continuously breaking through two key resistance levels at 3285 and 3340, and peaking at 3404 before pausing. This large bullish candlestick directly wiped out over 60% of the market’s short positions, leaving many short traders probably stunned when they saw their accounts.

Currently, the price has been oscillating above 3300 for nearly 10 hours, seemingly trying to stabilize around this level and establish support. At this point, it’s important to determine: Is this a genuine trend reversal, or the final push by the bulls?

First, look at the positive factors:

Yesterday’s CPI data performed quite well, with expectations of interest rate cuts heating up, providing strong support for the bulls.

The macro environment is also adjusting, with new changes in policy direction.

From a technical perspective, Ethereum’s recent movement since October 11 shows increasingly clear five-wave upward characteristics.

Now, consider the uncertainties:

An important policy decision will be announced tomorrow (January 14), which could influence short-term market sentiment.

Overall, this correction point does resemble previous bottom-fishing opportunities. I am already prepared with a strategy to buy on dips. Everyone, stay calm and wait for the signals.