$ADA is showing strong momentum, climbing around 10.8% from 0.1833 to 0.2034, before settling near 0.1994. The breakout above 0.1900 came with a notable volume surge, while 0.194–0.196 is now the key support zone. If buyers reclaim 0.2034, ADA could have room toward 0.2100. For now, momentum remains bullish, but volume is starting to cool. AI is becoming part of the macro conversation. Massive spending on chips, data centers, energy and infrastructure is keeping demand strong, but it could also add to inflation pressure. With rates at 3.50%–3.75%, the September FOMC decision could have a major impact on risk assets. The chain is simple: AI boom → stronger demand → inflation pressure → higher-for-longer rates. The AI trade may be bigger than just tech.
$ETH just reminded everyone why crypto can change sentiment so quickly. After weeks of bearish talk, Ethereum jumped around 17.5% on August 19, briefly trading above $2,325 before closing near $2,253. I was watching the ETH chart on BingX and honestly had to do a double take. The big question now is whether this momentum can hold or if it turns into another fakeout.