⚪ Ethereum (ETH) Market Update: Key Events Could Drive the Next Move

Ethereum is facing a crucial market phase as broader crypto sentiment remains sensitive to macroeconomic developments.

Bitcoin has pulled back toward $78,000 after briefly moving above $81,000, with the latest inflation data adding pressure to risk assets. The PCE index rising to 3.7% has increased uncertainty around the Federal Reserve’s future policy decisions.

Meanwhile, traders are watching several major catalysts that could bring fresh volatility to the crypto market, including a $6.4 billion options expiry and an upcoming speech from Fed Chair Kevin Warsh.

For ETH and the wider crypto market, these events could play an important role in determining whether the current pullback develops into a deeper correction or sets the stage for another move higher.

📊 Key levels, liquidity and Fed policy remain the main factors to watch.

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