🔥 Ethereum ($ETH ) sends optimistic signals after the Fed cuts interest rates by 0.25%
Whales accumulate an additional 1 million ETH, the accumulation wallet records an inflow of 4.1M ETH – nearly matching the record from August.
The amount of ETH deposited on exchanges has dropped to a 2-month low (783k ETH), while the supply of USDT on Ethereum has increased by an additional 11 billion USD.
On-chain activity has surged back, but the price of ETH has remained flat for 3 weeks.
Technically: $ETH maintains a strong SMA 20d, with strong support around 4,300–4,400 USD; if it breaks, 4,000 USD will be the "lifeline". If it holds, the possibility of retesting ATH is real.
➡️ In summary: The Fed has given the green light, whales have accumulated, and where the price goes next is… up to you 😅.
This is just a light-hearted perspective, not an investment recommendation – if the price remains flat, let's call it "Ethereum meditation" 🧘.