#ShareYourTrades $ETH

Why I'm Buying ETH at $2178.28 USDT Ahead of Powell's Speech

I'm buying Ethereum (ETH) at **$2178.28 USDT** today, May 25, 2025, ahead of Fed Chair Jerome Powell's 8:40 PM ET speech. Crypto Rover predicts significant market **volatility**, and I'm betting on a potential upside.

#Why the Play?

Powell's speeches historically trigger sharp crypto movements. A **hawkish** stance (tighter policy) usually dips prices, while a **dovish** one (looser policy) sparks rallies. We've seen this: rate hike fears led to dips (e.g., Bitcoin down 2.79% in late 2024 on "no hurry to lower rates"), while steady rates boosted prices (e.g., Bitcoin +4%, ETH +8% in March 2025).

# My Reasoning:

1. **Anticipating a Dovish Surprise:** The market often prices in hawkishness. If Powell is less aggressive than expected, or hints at flexibility, ETH could see a significant bounce.

2. **Ethereum's Strength:** Beyond short-term news, ETH's fundamentals in DeFi and NFTs are solid, supporting its long-term value.

3. **Favorable Risk-Reward:** At this price, I see a good chance for substantial gains if the market reacts positively.

This is a calculated risk for immediate trading opportunity.