Attention, my crypto people! 🚀 Do you remember that saying that goes "after the storm, the sun always shines"? Well, it seems that Ethereum took it very seriously after each FOMC meeting. Will this time it break the $4,000 barrier? 💸
Be careful with this! In recent weeks, while Bitcoin was dancing to its own tune, Ethereum stood firm, like an oak! 🌳 Normally, when Bitcoin rises, Ethereum takes a step back, but this time, surprise! ETH's dominance increased by almost 3%. It's like your little brother suddenly beating you in a race. What does it mean? People are seeing something big in Ethereum. 👀
After the FOMC meetings (those people from the Federal Reserve who decide whether to raise or lower interest rates), Ethereum has had an impressive streak. After the May meeting, it rose almost 40%! And in June, 50%! 🤯 It's as if the FOMC gave it the green light to take off.
Now, with the July meeting already in the rearview mirror, and despite the Federal Reserve maintaining its "aggressive" tone (meaning they won't lower interest rates as quickly as we would like), Ethereum is still there, close to $3,900. And the most interesting part: while Bitcoin dipped a little, Ethereum rose. Are the shrewdest investors moving their money from Bitcoin to Ethereum? 🤔
And hold on! 🚀 Three "whale" wallets (people with a lot of money) have been detected buying more than 73,000 ETH. When the big players move like this, it's because something big is brewing. If this trend continues, that $4,000 wall could fall faster than we think!
Do you think Ethereum has what it takes to break that barrier and continue its unstoppable rise? Or is it just a mirage? Let me know your opinion! 👇$ETH $BTC
