🚨🚨What Does Inflation Data + Interest Rate Cut Probability Mean for #Ethereum and Altcoins!

The US inflation data to be released today will be one of the most critical turning points of the year. The expectation is around 2.8%. This rate strengthens the possibility of the Fed making an interest rate cut at its September meeting.

On the $ETH side, the support at 4,149 $ is still being maintained. As long as this level holds strong, the journey to a new ATH is on the table.

After Ethereum peaks, the inflow of money into altcoins will accelerate.

I reiterate, volatility will be high.

Be cautious in the short term, lean back in the long term!

Time is running out!

#crypto #Altcoin