jackson

🚨 WHY DIDN’T $ETH CRASH AFTER WARSH’S HAWKISH SPEECH? 👀

A lot of traders expected ETH to dump after Kevin Warsh delivered a clearly hawkish message on inflation and rates.

But ETH is still holding around $2,500–$2,510.

Here’s why 👇
🔹 1. The speech wasn’t a surprise hike
Warsh warned about inflation, but he did NOT announce a September rate hike. The market already knows inflation is still a concern.

🔹 2. $2,500 is a major battle zone
ETH was already sitting near the $2,500 options-expiry strike. With heavy positioning around this level, price can stay sticky instead of immediately dumping.

🔹 3. Sellers didn’t get confirmation
ETH briefly reacted to the hawkish message, but bears haven't been able to turn $2,500 into strong resistance.

🔹 4. Expiry can create fake moves ⚠️
Options expiry can cause volatility and short-term price manipulation hedging flows. A move below $2,500 doesn't automatically mean a bigger crash is coming.

🎯 WHAT I’M WATCHING
$2,500 = key pivot

🟢 Hold above → bulls still have a chance toward $2,525–$2,550
🔴 Lose $2,500 + failed retest → bears could target $2,480 → $2,450

The interesting part isn't that Warsh was hawkish.

The interesting part is that ETH DIDN'T break down. 👀

That tells us the market may already have priced in a lot of the bad news.

Would you buy $ETH above $2,500 or wait for a breakdown? 🐂🐻

#ETH #trading #kevinwarshtalk #Jackson