$ETH 🔥 Ethereum is heating up! 🔥
📉 The inflation surprise in the U.S. drives ETH momentum 🚀
#Ethereum #ETH #MacroUpdate #TechnicalAnalysis
Today's U.S. inflation data was lower than expected:
📊 Core CPI MoM: 0.1% (vs. 0.3%)
📊 Year-on-Year: 2.8% (vs. 2.9%)
➡️ Signs of disinflation trend
🔍 Market Impact:
Expectations for Fed rate cuts rising 📉
USD weakening → bullish for ETH 💹
📈 ETH Technicals:
Strong support at $3,500
RSI turning upwards (oversold bounce)
MACD crossover confirms short-term reversal
🧠 Analysts target $4,000 if macroeconomic winds persist.
Stay alert. The fusion of macro and chart signals could mean a breakout soon.