It’s Taco Tuesday (Elizabeth’s in the Caribbean/East Coast time) and the show mixes fun + markets: quick talk on balance/life rhythms, then a market update on ETH range trading, what to watch around the Fed announcement tomorrow, and why Dragon removes human error (no more staying up watching charts).
Predictions made:
ETH range (near-term): ETH is range trading roughly $2,450–$2,650 short-term, with the wider range still intact (~$2,326–$2,879 mentioned).
Key resistance / breakout level: ~$2,880–$2,889 is the major breakout ceiling. ETH needs a second push/break above that level to move into the next leg up.
Pullback expectation: After a breakout attempt, expect profit-taking + pullback, then more ranging before the next breakout attempt (their “Coke bottle” pattern).
Fed tomorrow (base case): They expect rates stay flat; market direction will depend heavily on Powell’s wording/guidance.
Fed surprise scenarios:
If a rate cut happens tomorrow (unlikely per them) → big rally.
If flat + neutral guidance → market stays flatter.
If flat but optimistic guidance → small rally.
Rate-cut timing shift rumor: They mention the market chatter that September could be the next cut window.
Trading approach they highlight: If ETH keeps ranging, they describe range trading (buy near the low end of the range, sell near the high end) as the straightforward play.
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