$ETH While Bitcoin did not break through 120k, no wonder Ethereum surged so much a few days ago.This indicates that Ethereum's rise is covering up a large sell-off of Bitcoin. The operators already knew that Israel was going to strike Iran, and today it immediately plummeted. Expected around 2,420.

Hope for Fed rate cuts has vanished, and a rate cut in June seems nearly impossible. The latest inflation data shows that core CPI is higher than expected, and the Producer Price Index (PPI) is also rising, which signals the Fed is not supportive of a rate cut in the near term.

According to the CME FedWatch Tool, the market predicts a 97.4% probability that the Fed will not cut rates this month. This news has left investors feeling anxious, and cryptocurrency prices have also been .If it bounces hard from $2460, watch for trend reversal signs. I’ll help you update TP levels.

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