With the Fed's interest rate cut expectations rising, the Crypto Assets market has once again become the focus of investors' attention. In particular, the price movement of Ethereum (ETH) has sparked widespread discussion.

Currently, there is about a month left until a potential interest rate cut decision, but the market has already started showing signs of adjustment. Some analysts believe that ETH may struggle to maintain the key support level of $4000. In fact, recent price movement shows that ETH has begun to accelerate its decline.

From a technical perspective, the weekly chart shows a significant possibility of a pullback. Whether this pullback will evolve into a new upward trend or is merely a short-term fluctuation is currently unknown.

The key issue is whether the important psychological barrier of $4000 can be maintained. If this level is broken, it could trigger further selling pressure. On the other hand, if it can stabilize at this level, it may attract more buying interest, driving a new round of increases.

It is worth noting that the cryptocurrency market is influenced by various factors, including not only macroeconomic policies but also industry development, regulatory environment, and more. Therefore, investors need to consider multiple factors comprehensively when making decisions, rather than relying solely on a single indicator or event.

The next 30 days will be a critical period to observe the price movement of ETH. Whether it breaks through or stabilizes, it could bring new opportunities and challenges to the market. Investors should remain vigilant, closely follow market trends, and be prepared for risk management.