Ethereum Shows Strength After FOMC

Ethereum ( $ETH ) has been holding strong even as Bitcoin gains dominance. Usually, when Bitcoin’s share of the market rises, Ethereum struggles to keep up. But this time, things are different. Over the past two weeks, Ethereum stayed above $3,800 and even closed two weekly sessions in the green. At the same time, Ethereum’s market share (dominance) increased by almost 3%, showing that ETH is gaining strength.

Past FOMC Meetings Helped Ethereum Rally

After previous FOMC (Federal Reserve) meetings in May and June, Ethereum rallied strongly. In May, it bounced back from below $2,000 and climbed nearly 40%. In June, it went up even more, around 50%. These past moves show that Ethereum often performs well after FOMC updates, even when the Federal Reserve takes a cautious stance on rate cuts.

This Time Feels Similar

Following the July FOMC meeting, the Fed again took a cautious approach. This usually slows down investor excitement. But interestingly, Ethereum didn’t fall, it continued to gain strength. While Bitcoin dominance dipped slightly, Ethereum’s dominance rose, hinting that investors might be rotating funds from Bitcoin into Ethereum.

Smart Money Is Moving Into ETH

Large investors sometimes called “smart money” have been buying Ethereum. Recently, three new whale wallets bought more than 73,000 ETH. When these big players enter the market, it often signals that they expect a price increase. Their actions show growing confidence in Ethereum’s near-term future.

What’s Next for Ethereum?

Ethereum is now just a few percentage points away from the $4,000 level. With steady gains, rising investor interest, and strong momentum from previous FOMC outcomes, ETH could soon break through that barrier. If buying continues and no negative news hits the market, a move above $4,000 could happen very soon.

Conclusion

Ethereum has shown strong performance after each recent FOMC meeting. Despite market uncertainty, investor confidence in ETH remains high. With growing demand and a strong price level above $3,800, all signs suggest that Ethereum is getting ready to take the next big step, possibly crossing $4,000 in the coming days.

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