Recently, comments from Federal Reserve Chairman Powell triggered significant fluctuations in financial markets. As someone who is typically seen as hawkish, Powell unexpectedly conveyed a dovish signal this time, combined with related comments from Trump, which led to a sharp decline in the US dollar index. Meanwhile, the cryptocurrency and gold markets experienced notable increases.

The prices of major encryption currencies such as Bitcoin and Ethereum have surged rapidly. Market analysts point out that Ethereum has experienced a short-term fluctuation of about 100 points around $4640. For Bitcoin, some believe that there may be a short-term correction opportunity in the range of $115700-$115800, suggesting to pay attention to the potential support level of $114300-$113500.

Regarding Ethereum, analysts suggest paying attention to the potential resistance in the range of $4620-$4630, while viewing $4510-$4450 as a possible short-term target area. However, investors should proceed with caution, closely monitor market trends, and set reasonable stop-loss orders to manage risk.

This series of market reactions highlights the profound impact of macroeconomic policies on encryption currencies and traditional financial markets. Investors need to continuously monitor the global economic situation and the policy trends of various central banks to timely adjust their investment strategies. At the same time, it is important to recognize the high volatility of the encryption currency market and maintain a rational and cautious attitude when making investment decisions.