The Fed Chair sent hawkish signals at Jackson Hole, reinforcing expectations of rate hikes, pushing up U.S. Treasury yields, and boosting the dollar. Risk assets broadly shifted into defensive mode, with ETH falling 0.61% within a 15-minute window; thin order-book liquidity further amplified volatility. The current price is approximately $2,435, down 1.77% over the past 24 hours, but the key $2,400 support has not yet been breached, spot ETF inflows continue, and institutional appetite for allocation remains undiminished. The short-term outlook is weak, but the medium-term upward structure remains intact.#Gate首发上线日股交易

ETH-0.87%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
849 views
  • Reward
  • 7
  • Repost
  • Share
Comment
Add a comment
Add a comment
TradingIsMostTabooToBe
· an hour ago
What does the secretary think?
View OriginalReply0
TradingIsMostTabooToBe
· an hour ago
Warsh was promoted by Trump, so he’s basically on Trump’s side. Just like with 1900, many people were also bearish. Warsh emphasized raising interest rates, but then the meeting changed its wording the very next second.
There probably won’t be a rate hike.
View OriginalReply0
TradingIsMostTabooToBe
· an hour ago
The broader trend is definitely still upward; all declines are shakeouts.
View OriginalReply0
TradingIsMostTabooToBe
· an hour ago
They’re all putting on an act. Warsh is putting on an act. Trump’s midterm elections are coming up—how could he raise rates? He probably won’t raise rates the next second either.
View OriginalReply0
LeftRight
· 3 hours ago
There’s also a secretary on OK.
View OriginalReply0
View More
  • Pinned