The global financial markets are about to迎来一个重要时刻, especially as Federal Reserve Chair Powell will deliver a speech at 10 PM tonight, which is seen as the focal point of the market. Powell's remarks could have a significant impact on the flow of global funds:

If Powell signals a strong monetary tightening, the market may face pressure in the short term. This could lead to funds withdrawing from the cryptocurrency market, and investors should closely monitor the support level of Ethereum around $4214, as well as the critical level of Bitcoin around $110,800.

Conversely, if Powell's speech leans towards a loose or stable monetary policy, the cryptocurrency market may welcome a wave of increases. In this case, Ethereum could potentially break through the $4,430 mark, even challenging the $4,500 high. At the same time, Bitcoin may attempt to break through the $120,000 barrier again. The entire cryptocurrency market may also experience significant increases as a result.

It is worth noting that historical data shows that during the central bank's annual meeting, the price volatility of Ethereum typically exceeds plus or minus 5%. Therefore, market fluctuations may intensify tonight, and investors need to remain highly vigilant and closely monitor market movements.

Regardless of the market direction, investors should remain rational, manage risks effectively, and avoid blindly following trends. In this period full of uncertainty, it is crucial to maintain a calm and objective attitude.