The ephemeral has risen by about 4 per cent in a week, but this round of rebound is more seen as technical repairs and has yet to significantly reverse market sentiment. With the expected cooling of interest rate reductions by the Federal Reserve, the overall pressure on risk assets is limited, as is the resilience of the encryption market.

The interest rate is expected to continue to cool.

It was mentioned that recent statements by the Federal Reserve had been strong and that market expectations of interest rates falling during the year continued to weaken. A number of analysts had previously predicted a one-to-two drop in interest rates this year, but that judgement was being re-corrected against a backdrop of inflation still above target.

Tighter policy expectations usually mean that the liquidity environment is not significantly improved and can weaken investors ' willingness to allocate highly volatile assets. Encrypted assets tend to be more sensitive to changes in interest rates and United States dollar liquidity and are therefore more susceptible to being pushed when macro-pressures rise.

1800 dollars in resistance.

In terms of price performance, the ETA recently rebounded in the vicinity of $1,800. The position, which had previously been considered a support area, has now shifted to a more visible position of resistance, indicating that the pressure on sales above remains.

If ETH is slow to get back on that level, the next area of support that the market will focus on will be near the low point in April 2025, that is, $1,400 in the line. According to the text, if the price goes back to that position, there is approximately 18% of the lower space at the current level.

  • Almost 7 days have been around 4%.
  • Critical resistance position around 1800.
  • Main support position below $1400.

Weak performance during the year

Among the major encrypted assets, the Etherfrog's performance this year is still weak, with reference to its milestones lagging behind competitors like Solana. This also suggests that even if the market were to undergo short-term repairs, the risk preference for ETH has not recovered significantly.

At the same time, RSI, although recovering from oversold areas, is still in a relatively weak position, currently around 40. If the pressure on sales increases again, this indicator may continue to point in the direction of bias.

In the longer term, the weekline structure still shows a weak market base. If the buyout fails to push ETH through $1,800 effectively, the current downward trend can easily end, and the market's expectation of testing the lower supporting position again may rise.