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$ETH
For two consecutive days, the market has been showing impulsive growth amid news of a peaceful agreement between Iran and the USA. The key resistance zone is currently in the range of $1,850 – $1,950, but opening short positions at current levels seems too risky. On Wednesday at 18:30 UTC, after the announcement of a new interest rate, a speech by the new Fed chair is expected, which could set the tone for future monetary policy. Likely, until the end of summer, the market will remain sideways within the range of $1,650 – $2,000, and a sustained move above $2,000 could be a signal for a new bullish trend.
#BitcoinBouncesBack