①The small bull run of Ethereum has officially begun with this strong breakout. The next major target range is 【3345-3570】. Whether it reaches this in one go or after a significant adjustment in between, I cannot be certain. It is referred to as a small bull run because the hallmark of a big bull run is that Ethereum must break through 4400. This target is very challenging and should not be expected this year. It is considered a small bull run because even if a major adjustment occurs in between, the extent of the adjustment will be quite limited. Moreover, after the adjustment, the target remains 【3345-3570】.

② Is it true that interest rates will be cut in July? Regardless of whether the rate cut happens in July or September, it no longer matters. This wave is purely a breakthrough by strong capital, and it’s likely that the current situation was planned by the market manipulators as early as six months ago. So which month the rate is cut is no longer important. It’s just that if there’s no rate cut in July, there will be an effective adjustment, that’s all. Dreaming of falling below 2000 is pure fantasy. The driving force behind this plan is the first rate cut, which will occur in September 2024.

③ Is this wave over? It’s still not over. The current pressure range is 【3035-3070】. It’s hard to say whether it will strongly break through here. In short, I can only clearly say that as long as there is a chance for a downward adjustment, that is definitely an opportunity. Moreover, a major adjustment is still not coming.

④ When is the big adjustment most likely to occur? If the CPI data announced on July 15 is negative and it is confirmed that there will be no interest rate cuts in July, that would still be a major negative, most likely triggering a big adjustment. However, even in a big adjustment, don't expect too much of a correction. At most, it will return to the level of 【2345-2490】. Moreover, if there is a strong breakthrough at 【3035-3070】, it may not even reach the level of 【2345-2490】.