🧨 Explosion on the horizon? How Trump's "tariff bomb" could impact Ethereum
While Ethereum confidently holds above the key moving average, the clouds are gathering on a fundamental level. The price is squeezed in the range of $2581 - $2343, but a geopolitical threat looms over the market, which could be triggered by Trump's new tariff policy.
A package of new tariffs on goods from several countries is expected on August 1. If the measures turn out to be severe, it will trigger panic in the markets, especially against the backdrop of an already fragile macroeconomic situation.
📉 Whales may take advantage of the panic and provoke a long squeeze — a sharp drop that forces traders to mass close long positions. This creates an excellent entry point for strong hands.
Possible scenario:
🔹 Ethereum may pull back to $2200, but without updating the May lows.
🔹 From there — a return to growth, targeting $2857.
🔹 In the medium term, it is worth focusing on the $3448 - $4090 zone as key resistance.
⚡ At the same time, the fundamental outlook remains optimistic: if staking in Ethereum ETFs is allowed in the US, it will open liquidity gateways into the ETH network — a factor capable of launching a new phase of a bull run.