đš WHY DIDNâT $ETH CRASH AFTER WARSHâS HAWKISH SPEECH? đ
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 $2,500â$2,510.
Hereâs why đ
đč 1. The speech wasnât 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.
đč 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.
đč 3. Sellers didnât get confirmation
ETH briefly reacted to the hawkish message, but bears haven't been able to turn $2,500 into strong resistance.
đč 4. Expiry can create fake moves â ïž
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.
đŻ WHAT IâM WATCHING
$2,500 = key pivot
đą Hold above â bulls still have a chance toward $2,525â$2,550
đŽ Lose $2,500 + failed retest â bears could target $2,480 â $2,450
The interesting part isn't that Warsh was hawkish.
The interesting part is that ETH DIDN'T break down. đ
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? đđ»
#ETH #trading #kevinwarshtalk #Jackson
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 $2,500â$2,510.
Hereâs why đ
đč 1. The speech wasnât 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.
đč 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.
đč 3. Sellers didnât get confirmation
ETH briefly reacted to the hawkish message, but bears haven't been able to turn $2,500 into strong resistance.
đč 4. Expiry can create fake moves â ïž
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.
đŻ WHAT IâM WATCHING
$2,500 = key pivot
đą Hold above â bulls still have a chance toward $2,525â$2,550
đŽ Lose $2,500 + failed retest â bears could target $2,480 â $2,450
The interesting part isn't that Warsh was hawkish.
The interesting part is that ETH DIDN'T break down. đ
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? đđ»
#ETH #trading #kevinwarshtalk #Jackson
