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Over $6 Billion Will Be Liquidated If ETH Breaks 4900 What Do You Think? 🥹#ETH🔥🔥🔥🔥🔥🔥
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Morgan Stanley, a major US bank, has changed its view on the September interest rate meeting. Morgan Stanley has updated its forecast: The Fed will cut interest rates by 0.25% in September, another 0.25% in December, and consistently 0.25% every quarter until the end of 2026, bringing the basic interest rate to the 2.75% – 3.0% range. This is a significant change because the bank previously believed the Fed would remain on hold until March 2026. The reason is that Powell's tone at Jackson Hole has shifted, focusing less on persistent inflation or low unemployment and instead emphasizing the possibility of the Fed acting early to prevent a weakening labor market. Powell's speech at Jackson Hole has led many major players, such as Barclays, BNP Paribas, and Deutsche Bank, to simultaneously forecast a 0.25% Fed cut in September. Only BofA has maintained its view that the Fed will not touch interest rates this year. every buy now #Maker #update #FedDovishNow
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here are Tom Lee's reasons why ETH will reach $5,500 in the coming weeks. Tom Lee has been very active this season. This morning he predicted the bottom for ETH, and tonight he's back with a target update to encourage everyone to stay strong. Here are the reasons for the Bitmine Chairman's bullish stance: 1. The "Washing Out" Period is Over From February to April of this year, the market experienced strong volatility and uncertainty, forcing many investors, especially institutions, to reduce risk, exit positions, and stop buying. The low point in April was a natural market "reset." Now that the risk has decreased, new capital has a chance to return. 2. Two Undervalued Catalysts First, if the Fed adopts a dovish stance and begins to cut interest rates, it will bring positive expectations to the market. Second, the ISM Manufacturing Index is still below 50, which means the US economy has not yet entered a strong growth phase. When the ISM surpasses 50 and the Fed cuts rates, we can truly see a strong bull market. Tom Lee has updated his price target for ETH, predicting it will rise to $5,500 in the coming weeks and reach $10,000-$12,000 by the end of the year, an increase from his previous forecast of $7,500.
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The long side still has liquidity, everyone. Just hold your positions.#future 35%short 65%lonh
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Google Cloud launches Layer 1 blockchain, GCUL. Google Cloud has just announced a new Layer 1 blockchain named GCUL (Google Cloud Universal Ledger). GCUL's primary goal is to simplify cross-border payments and asset transactions through a distributed ledger. GCUL is currently in the private testnet phase.#layer1
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Latest News
Ethereum(ETH) Drops Below 4,500 USDT with a 2.16% Decrease in 24 Hours
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Tron Blockchain Proposal Aims to Reduce Transaction Fees Amid Growing Adoption
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U.S. Treasury Secretary Announces Strong Candidates for Federal Reserve Chair
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Circle and Paxos Test New Verification Technology for Stablecoin Issuance
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Tether Treasury Mints Additional USDT on Ethereum Network
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