With 6 days left until the next Federal Reserve interest rate meeting, it is expected that the Fed will likely cut interest rates by 25 basis points. With the support of this Favourable Information, there is a possibility of reaching a new historical high of 110,000.

But there will inevitably be a pullback before the rise, first washing out and then a valid rise. The expected retracement may reach around 96,000 or even the weekly MA5 retracement at 92,000, which will be an opportunity to get back in. The next rise may break through the current short-term resistance at 102,000, potentially surpassing the previous high and even reaching the 110,000 level.

For the medium to long term, you can refer to the range near 101,500/2,000 basis points and look at 96,000.
Short Ethereum near 4050 reference, see 3600#加密市场反弹，你关注了哪些反弹币种？