$ETH ETH Stuck at $1891 – Waiting for CPI to Ignite
Trading around $1891, down ~2% in 24h, sliding from $1937 and chopping weakly in the $1850-1890 range.
Options OI hit an all-time high – ETH options at $8.1B, futures over $9.1B. When CPI hits, volatility will be brutal.
Tonight at 8:30 PM ET, US July CPI is the key variable. Expected +3.4% YoY, core +2.5% – will directly shape the September rate path and risk asset direction.
$1900 resistance above, $1850 support below. $BTC $BEAT
Trading around $1891, down ~2% in 24h, sliding from $1937 and chopping weakly in the $1850-1890 range.
Options OI hit an all-time high – ETH options at $8.1B, futures over $9.1B. When CPI hits, volatility will be brutal.
Tonight at 8:30 PM ET, US July CPI is the key variable. Expected +3.4% YoY, core +2.5% – will directly shape the September rate path and risk asset direction.
$1900 resistance above, $1850 support below. $BTC $BEAT