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$ETH dropped to $2,406 after PPI yesterday, but the reaction got bought up fast and price reclaimed $2,464.
Now CPI is the next major test.
Oil is still above $100 and rate hike odds remain around 70%, so volatility could stay high.
For me, $2,350 is the key level.
Hold above it through FOMC and $2,800–$3,400 comes into play.
Lose $2,350 and ETH could see a much deeper move toward $1,900.
#GateTop4MainstreamCEX
#AugustCPIDropsTonight