This is a very important ETH update you can also take it as a warning. As we saw yesterday was the FOMC meeting. There was no rate cut the rates were just paused. And even in the speech Powell clearly said that they can’t say anything for sure about a rate cut in September either. Because of this, people are panicking again in the market. Meanwhile ETH is still trading above $3,700 and for me that’s a bullish sign. My target for ETH has become even stronger now. ETH can take a solid pump from here, and my next target is still $4,120. Even if a dip comes there’s a strong support zone I’m watching which is around $3,640 this is a key level for ETH.

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