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#Strategy加仓BTC $ETH Last night, US stocks pulled back, but Ethereum instead launched a fierce attack early this morning. It surged directly from 3200, breaking through two key resistance levels at 3285 and 3340 in one go, with a high of 3404 before easing.
This large-volume bullish candle is very powerful. Market data shows that nearly 60% of the bearish liquidity has been swept away, and many short traders might be a bit confused when they see their accounts.
Currently, the price is repeatedly confirming in the high zone, testing above 3300 over nearly 10 hours. It seems to be trying to establish a foothold and support at this level. But the question is: Is this a genuine trend reversal signal, or the bulls' final push?
**Reasons for a bullish bias:**
On the macro front, last night's CPI data released a clear signal of interest rate cuts, which is a solid positive for risk assets, boosting bullish confidence. Additionally, market sentiment is subtly shifting around some policy personnel changes.
From a technical perspective, Ethereum's upward momentum since October 11 shows characteristics of a standard five-wave structure, which usually indicates a larger upward move.
**From a bearish perspective:**
Tomorrow (January 14), the overseas tariff policy decision will be announced. The specific content and timing remain uncertain, and this black swan event could rewrite the recent rhythm.
**My judgment:**
This low point of the pullback is very similar to those "golden pits" that previously nurtured rebounds. The bulls are already prepared. Everyone, don't rush; wait for the signals. $DASH $ICP