$1,724 ETH—are you panicking? First, look at the surface: bad news is everywhere, retail investors are cutting losses, but the price has already stopped falling. A month ago, ETH was still above 2,000; now it’s down to 1,724—down nearly 20%. BTC is ranging around 63,500, and the ETH/BTC ratio is hitting a new low. Everyone is blaming, “ETH is too weak.” What the candlesticks tell you: the 1,700 level is the 78.6% Fibonacci retracement and also the June low area. It has been tested three times without breaking. On the 4-hour chart, an upward channel has already started to form, with small bullish candles one after another. The bottom is here, but 99% of people don’t dare to buy. First thing: a personnel shake-up at the Ethereum Foundation—did it scare you away? The co-executive director resigned, and development funding may have a shortfall. The moment the news broke, FUD spread across the entire network. But think about it carefully: Has there ever been a bull run without internal turmoil first? In the 2022 bear market, Vitalik was criticized even worse than now. Has there ever been a major bottom that wasn’t accompanied by panic? In 2023, ETH at 1,500—everyone said “it’s going to zero.” Personnel changes are short-term noise; protocol upgrades are the long-term narrative. Second thing: the Glamsterdam upgrade—possibly even more aggressive than Merge. This is the biggest protocol upgrade since Merge. The core includes: EIP-7732 (enshrined PBS): makes block construction fairer, so MEV profits are no longer monopolized by a few. EIP-7928 (block-level access list): greatly improves L1 efficiency and lowers L2 fees. Third thing: the technicals have already started showing “bottom language.” On the daily/4H levels: The 1,700 test level holds after three attempts, forming strong support. The 4H chart has entered an upward channel, and small bullish candles are stabilizing. RSI is neutral to weak, but it’s no longer making new lows—this is “momentum exhaustion,” not “it still has to fall.” MACD is beginning to flatten below the zero axis, about to form a golden cross. On one side: The Glamsterdam upgrade is in progress (to land in Q3), possibly the biggest catalyst of the year Morgan Stanley’s ETF application includes a staking feature—new institutional capital inflow Whales keep accumulating, with a staking rate of 33% (37 million ETH locked) Support at 1,700 tested three times; 4H upward channel On the other side: The Federal Reserve hints at more rate hikes, and the macro environment continues to weigh on things Foundation personnel changes + FUD about a funding gap The ETH/BTC ratio hits new lows, showing short-term weakness Market sentiment is driven by fear, and retail investors keep selling Key level: 1,724—life-and-death line at 1,700. Resistance above: 1,780 → 1,820 → 1,900 → 2,000 Support below: 1,700 → 1,620 → 1,507 Key levels: Support: 1,700 (strong) → 1,620 → 1,507 (June low) Resistance: 1,780–1,820 (recent highs) → 1,845–1,865 → 1,900–2,000 (psychological levels) Long-term DCA believers: Start DCA in the 1,700–1,720 range, buying in batches—add more with every 5% dip. Earn 3–4% annualized yield by staking via Lido or Rocket Pool, and hold until Glamsterdam lands. Short-term swing traders: Stabilization at 1,700–1,720 + a high-volume breakout above 1,780 to enter, stop-loss at 1,680, targets 1,820 → 1,900 → 2,000. Futures/contract traders: Max leverage 2–3x; macro uncertainty is high. Go long with a stop-loss at 1,680, and go short when stagnation signs appear above 1,820. Per trade, don’t risk more than 5–10% of your total position size; keep enough cash. If it breaks below 1,620, cut your position in half. ETH now looks an awful lot like 2023’s 1,500— Back then, everyone said, “Ethereum is useless.” What happened? Six months later, it hit 4,000. Bottoms are never “called out”—they’re cut out. When everyone around you is cursing ETH, that’s when you should buy. When everyone is shouting, “The bull market is here,” #我的Gate交易时刻 #美伊谈判推迟 #预测世界杯巴西VS海地 $BTC $ETH $SOL is when you should sell.

🔵 Base Targets June 25 Main net Upgrade With New B20 Token Standard Base is aiming to launch its Beryl upgrade on June 25, introducing the new B20 token standard designed specifically for native stable coin issuance. 🔸 Unlike traditional ERC-20 tokens deployed through smart contracts, B20 will be integrated directly into the chain’s node soft ware. The goal is to: • Improve efficiency • Reduce smart contract risks • And make stable coin infrastructure more native to the network itself 🔸 The Beryl upgrade will also reduce the standard withdrawal time from Base back to Ethereum from 7 days down to 5 days. This marks another step in Base’s push to improve scalability, stable coin infrastructure, and user experience as competition among Ethereum Layer 2 networks continues to intensify. ‍#DailyHighlights $BTC $SOL $BAS

Wosh completely seals his hand🔥 The Federal Reserve moves away from guidance, rendering the crypto bull market logic completely invalid! Everyone in the entire crypto community, re-recognize that the era of the Federal Reserve has arrived❗️ The new Federal Reserve Chair Wosh's debut is not just a simple hawkish speech But directly overturns the 2018 forward guidance rules of the Federal Reserve Officially announces the full implementation of 【de-guidance】 Plainly speaking: From now on, the Federal Reserve will no longer give the market a big pump of liquidity✅ Breaking down this revolutionary change, every sentence relates to the trend of all coins like BTC/ETH: ❶ Simplified interest rate statement, removing all hints of rate cuts and easing, no policy bias ❷ Abolish the dot plot authority, interest rate forecasts invalid, market loses its pricing anchor ❸ Refuse to predict future rate hikes or cuts, do not guide market expectations, everything depends on real-time data ❹ No longer soothe the market or release policy buffers, fully return to Greenspan’s monetary mysticism Past years’ crypto profit logic: Squatting for Fed hints → Watching the dot plot for rate cuts → Betting on easing expectations → Holding positions to ride the bull market The Fed provides ample expectations, funds confidently flow into the crypto market, and big drops are always supported Now this logic has been completely shattered💥 Why does this change cause deep anxiety across the entire crypto community? 1️⃣ Rate expectations are completely out of control, volatility of the dollar and US bonds permanently elevated Without an official rate path to backstop, every CPI and non-farm payroll data can directly trigger market swings, BTC extreme surges and crashes become normal, volatility and shakeouts double 2️⃣ The bull market of easing is completely out of reach The core purpose of Wosh’s de-guidance: to free himself from speech constraints, inflation rebound can trigger rate hikes at any time, no longer bound by market rate cut expectations, a super bull market with massive liquidity is short-term impossible 3️⃣ The era of long-term holding ends Past heavy long-term holding and arbitrage become ineffective, funds dare not hold long-term positions, market fragmented and wave-based, altcoins’ rises and falls are unpredictable, and the harvesting intensity increases straight 4️⃣ Crypto valuation logic is being reconstructed US bond uncertainty premium rises, risk asset valuations are under pressure, high-leverage contracts and concentrated positions become the fastest ways to lose money ⚠️ Straightforward advice to all crypto traders: 1. Give up the fantasy of rate cuts and liquidity injections at year-end, don’t blindly buy the dip for long-term 2. The market is now fully data-driven, keep a close eye on monthly inflation and non-farm data 3. Reduce leverage, cut positions, refuse to gamble with heavy holdings 4. Say goodbye to riding the wave, swing trading is king, respect the randomness of volatility This is not just short-term hawkish bad news, but a permanent reform of the Federal Reserve’s liquidity system The era of easy money in crypto is over, a high-volatility, risk-controlled, data-driven trading era is officially here❗️ [@Gate Live](gt://mention/IAAAACUGRlZRWwYhGxAdA19cWxgEDhkO0O0O) $BTC $ETH $SOL #ETH #美联储沃什 #币圈宏观 #加密行情 #币圈干货