Wall Street community live broadcast: Price has gone through a deep correction, where does Ethereum go from? Follow the live stream to bring you in

Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 Recently, the market has emerged from a deep rebound at the macro level (core pressure) 1: The expectation of the Federal Reserve's interest rate cut has been postponed, and the high interest rate environment continues: Recently, the stickiness of US inflation data and stable economic data have led to widespread market expectations that the timing of the Fed's first interest rate cut may be postponed from June to September or even later. The high interest rate environment will continue to drain market liquidity, which fundamentally suppresses cryptocurrencies as the forefront of risk assets. The strengthening of the US dollar index: The weakening expectation of interest rate cuts has pushed the US dollar index to remain high, usually negatively correlated with the prices of risky assets such as cryptocurrencies. 2: Slow inflow/outflow of Bitcoin ETF funds: The main narrative driving the bull market previously - the net inflow of funds into US Bitcoin spot ETFs - has recently shown a significant slowdown or even a single day net outflow. This weakens an important buying momentum and emotional support in the market. Ethereum is currently highly linked to Bitcoin, but its trend may be relatively weaker due to the uncertainty of its own ETF approval. 3: Current key technical positions: - Strong resistance level: 3150-3200 USD range (previous support converted into resistance, which is also an important psychological barrier). - Core contention/weak resistance level: 3000-3050 US dollars (whether it can stand back above this level is the short-term strong weak boundary). - Recent support level: 2850-2920 USD area (near recent lows). - Strong support level: $2600-2700 area (long-term trend line or earlier support platform). Today's live broadcast will mainly explain the ideas of the panel and deviate from the teaching techniques. Welcome to discuss in the live broadcast room! Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.