#ETH走势分析 $ETH is repeatedly testing the 3400 level and facing short-term resistance. It's advisable to take profits on the highs, but don't rush to sell everything.

Honestly, there's nothing mysterious about this recent rally. The Fed is about to announce its rate cut decision tomorrow with less than a day left, and institutions couldn't hold back any longer—selling the expectation in advance has become the norm. Capital is reacting quickly, rushing to cash in on the good news ahead of time.

Plus, the US stock market is cooperating—last night, it opened low and moved higher, rallying all the way up. $BTC, as a risk asset, is deeply correlated with US stocks—no need to explain that. When US stocks move, crypto markets follow suit. With both sides working together, hot money naturally flows into the crypto space.

What really pushed things over the edge was Hassett's comment. The top contender for the next Fed chair suddenly hinted at "ample room for significant rate cuts." That's basically a booster shot for the market. Funds went wild—large buy orders came in one after another, flooding in like a dam released.

Ultimately, this rally is fueled by hot money. The rate cut expectation is out in the open, sentiment is running high, and with the market showing momentum, it's hard not to go up. This long position took in 5000u—just played the cycle right and picked the right direction. With the right strategy and decisive execution, making money just happens naturally.