Ethereum (ETH) soared to $1,778 today before settling at $1,743.84, marking a sharp +10.59% surge over 24 hours. The RSI at 47.70 suggests ETH still has room to climb without overheating.
Short-term MAs show some stabilization—MA(7) is just below MA(25), and price has reclaimed support above MA(99) at $1,736.44. Volume ticked up modestly, signaling cautious optimism from buyers.
ETH is riding the wave of the broader crypto rebound, spurred by increased speculation over the Fed’s next move. The Trump–Powell drama is heating up again, as markets price in political pressure for lower rates—fueling bets on crypto's long-term upside.
Rebound or reversal? ETH’s price action is giving bulls hope, but volatility is still in the driver's seat.
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