Inflation expectations at 3.9% came in above expectations, reviving concerns about a December rate hike. Tonight’s 21:30 CPI will set the direction.
$ETH is hovering around 2100, with weak buying. Stay cautious ahead of the data: a hotter-than-expected reading could trigger another test of 2050 or even lower; a cooling reading is needed for a recovery. Watch 2050 support and 2130–2150 resistance. If it can’t reclaim that range, stay on the sidelines for now.
$ETH is hovering around 2100, with weak buying. Stay cautious ahead of the data: a hotter-than-expected reading could trigger another test of 2050 or even lower; a cooling reading is needed for a recovery. Watch 2050 support and 2130–2150 resistance. If it can’t reclaim that range, stay on the sidelines for now.
