ETH has been on a good rise today, but many are wondering—can this wave push it to 3000 or even 3100, or will it fall back to 2880, 2770? The key still depends on what macro and technical analysis say.

From the news perspective, recent comments from Moody's Chief Economist are worth noting. He pointed out that even if the Federal Reserve cuts interest rates next year, the pace will be "gradual, cautious, and prudent," and that inflation is still some distance from the 2% policy target. This suggests that the large-scale global liquidity release that the market has been expecting might be delayed. For risk assets like ETH, the macro tailwinds may not be as strong as imagined. Today's rally seems to carry a bit of a "fundamentals are not solid enough" flavor.

So don't be led astray by purely emotional surges. The news outlook is currently neutral to cautious, and the next move in the market will depend on clearer signals from technical analysis. Especially for traders without a clear entry strategy, it's advisable to observe more, move slowly, and wait for more confirmed reversal signals before jumping in.