Employment too strong: Initial jobless claims came in lower than expected (205,000), showing 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 hedging against "rate hike" risks, with global liquidity facing potential "withdrawal."
​Energy game: Yellen attempts to lower inflation through oil measures, indirectly confirming that price pressures remain substantial.
​📉 Ethereum (ETH) Trend Analysis
​Short-term: Under pressure with washout. Affected by high rate expectations, risk assets are contracting. ETH will likely follow the broader market in retracing support levels in the short term, liquidating leverage, with a tendency toward choppy downward movement.
​Long-term: Resilience remains. As long as Ethereum's deflationary mechanism and ecosystem moat exist, macroeconomic headwinds are only temporary. Ethereum in 2026 trends more toward being a "settlement layer asset," with value to be deposited as applications boom.
Make profits in bull markets, accumulate coins in bear markets; endure this hawkish wind, and you'll see the digital gold mountain$ETH ‌$BTC ‌