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[U.S. Weekly Initial Jobless Claims Lower Than Expected] For the week ending September 13, the number of initial jobless claims in the U.S. was 231,000, lower than the market expectation of 240,000.
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[U.S. Weekly Initial Jobless Claims Lower Than Expected] For the week ending September 13, the number of initial jobless claims in the U.S. was 231,000, lower than the market expectation of 240,000.
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 On September 18th, Ethereum (ETH) experienced a thrilling roller coaster ride: before and after the Federal Reserve's interest rate cut decision, the price plummeted to $4398, and then rebounded strongly to above $4600, with a intraday amplitude of over 10%. This intense volatility makes investors ask: Is ETH's next step towards the abyss or towards the stars? Key Points of Long Short Battle Currently, ETH is at a crossroads in terms of technical choices. - Upper resistance: If it breaks through $4680 (Fibonacci 61.8% retracement level), it may open a channel to $4750 or even $4880. - Bottom support: If it falls below $4535, it may explore the edge of the abyss of $4420 or even $4350. Although the hourly MACD shows more short-term momentum, the daily MACD death cross continues, and the bearish trend has not been completely resolved. Star: Institutions are bullish at $6400 Citigroup has presented an extreme bullish scenario in its latest report: if institutional funds continue to pour in and ETF approvals drive liquidity, ETH may hit $6400 by the end of the year. The supporting logic includes: Ethereum remains the dominant platform for DeFi, NFT, and tokenization; The macro environment is favorable (the interest rate cut cycle has begun, and the attractiveness of risk assets has increased). Abyss: Bear Market Warning $2200 The same report also warns of bear market risks: if global liquidity tightens or the market enters a deep correction, ETH may fall to $2200. Recent on chain data shows: The growth of second layer network activities has not been fully transmitted to the capture of value in the main network; The pressure of profit taking combined with macroeconomic uncertainty has become a potential catalyst for short positions. Where do investors go from here The current market presents a typical "all positive" feature: although interest rate cuts have been implemented, prices have not been able to continue to break through and have instead fallen into volatility. Analyst's suggestion: - Short term: Focus on breaking through the $4535-4680 range, take light positions and strictly cut losses; - Medium to long term: closely monitor the flow of institutional funds (such as ETF net inflow data) and the progress of Ethereum ecosystem upgrade. The cryptocurrency market has never lacked drama, but only reason and discipline can cross the cycle of stars and abyss. Operation suggestion: BTC 117450 long, first target watch 118565, second target watch 119300; ETH 4600 long, first target is 4655, second target is 4710. Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
After three years of rebuilding, decentralized finance has returned to pre-Terra levels with more measured growth and rising institutional adoption.
[Kraken Partners with Legion to Launch MiCA-Compliant Token Sales] Kraken has partnered with ICO platform Legion to conduct MiCA-compliant token sales on its newly launched Launch platform in Europe. The two parties will share curated token sales, and the related tokens will be listed for trading on Kraken after the sales conclude. Legion anticipates that the majority of token sales will take place on Kraken Launch, with the first batch of joint sales to be announced next week. The platform utilizes a performance scoring system for token allocation and plans to expand access to the U.S. market. Kraken stated that it will conduct independent compliance reviews for the token sales.
[MoneyGram CEO Says Stablecoins Will Promote Financial Inclusion] MoneyGram CEO Anthony Soohoo stated at the Meridian 2025 conference that cryptocurrencies, especially stablecoins, will play a significant role in providing financial opportunities for the unbanked and underserved communities. Earlier this week, MoneyGram launched its own stablecoin, further accelerating its expansion in the crypto space.
Avalanche (AVAX) gained 10.4% and Bitcoin Cash (BCH) rose 7.8%, leading index higher.