The current membership indicators show that ETH has formed strong support in the range of 2947-2961, with a trading volume concentration of 7.72% and a slight advantage in buying. However, the latest 2-hour candlestick has shown a peak pattern, and although RSI has broken through the upward trend line, it is accompanied by an extreme contraction in trading volume and a decrease in market interest, indicating insufficient upward momentum. The MACD bar chart shows a double peak, with EMA24 below EMA52, indicating a weak mid to long term trend. If the price falls below the 2947 support, it may accelerate its downward trend to 2927.5. Pay attention to the performance of chip intensive areas and be wary of bearish pressure. Member indicators accurately capture support resistance levels, helping you lock in trading opportunities in advance! 🎉 50% off year-end pet fans for limited time 🎉 The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.

[Federal Reserve Governor Milan: Interest Rates Should Be Cut to Address Labor Market Risks] Federal Reserve Governor Stephen Milan reiterated on Friday that the Fed should cut interest rates, as inflation has cooled and monetary policy needs to counteract risks in the labor market. Milan stated that the labor market is slowing down, and if policies are not adequately adjusted, it will face difficulties by 2027. At last week's Federal Reserve meeting, Milan cast a dissenting vote, advocating for a 50 basis point rate cut, while most officials favored a 25 basis point cut. Milan's term at the Federal Reserve will end on January 31.

Coinbase announced today that it has added Brevis (BREV) to its cryptocurrency roadmap. （BWEnews）

A Brooklyn man has been charged with allegedly stealing $16 million from Coinbase users through a phishing scam. （Decrypt）

The most tireless advocate of digital assets issues in the U.S. Senate said she's grown too tired to keep at it, leaving her Republican seat in play next year. What to know : U.S. Senator Cynthia Lummis, a dedicated friend to crypto causes, has decided to exit the Senate after her first term. Lummis said in a statement that she doesn't have another six years in the tank, but she intends to deliver major legislation to President Donald Trump's desk next year.