Employment Too Strong: Initial jobless claims came in below expectations at 205,000, signaling a tight labor market with no reason for the Fed to cut rates.

​Rate Hike Expectations Reignited: Traders no longer expect rate cuts in 2026 and are even beginning to hedge against "rate hike" risks, with global liquidity facing a "withdrawal."
​Energy Dynamics: Yellen is attempting to lower inflation through oil measures, suggesting underlying price pressures remain substantial.
​📉 Ethereum (ETH) Trend Analysis
​Short-term: Under pressure and consolidation. Affected by high interest rate expectations, risk assets are contracting. ETH will likely follow the broader market to test support levels in the short term, flush out leveraged positions, with the trend biased toward oscillating downside.
​Long-term: Resilience remains. As long as Ethereum's deflationary mechanism and ecosystem moat hold, macro headwinds are merely temporary. Ethereum in 2026 will increasingly trend toward a "settlement layer asset," with value accumulating as applications explode.
Earn profits in bull markets, accumulate coins in bear markets; endure through this hawkish wind, and you'll see the digital treasure mountain$ETH ‌$BTC ‌