On March 18, the market outlook indicated that the price of ETH is expected to return to around 3000. In the recent rebound, ETH's performance has been significantly stronger than BTC. In fact, the adjustment period for ETH/BTC has lasted for as long as six months, during which ETH seems to have gradually faded from the public eye. However, as long as ETH/BTC can steadily hold above the key position of 0.32, it is expected to welcome a new round of explosion, aiming directly at around 3000. On the other hand, BTC's upcoming trend is expected to maintain a fluctuating upward trend.

In addition, tonight the market will focus on the release of PPI data and the Federal Reserve meeting. From the current macro situation, it is already a foregone conclusion that the interest rate will not be cut at this meeting. Investors need to pay attention to the fact that if the PPI data released tonight shows that the economy is still overheating, or if Powell sends hawkish signals during the meeting, then the market may experience some pullback pressure in short-term trading.