Markets currently expect the Federal Reserve to hold rates steady at the upcoming FOMC meeting, with very low probability of an immediate rate cut. This keeps liquidity conditions tight in the short term, limiting strong upside momentum for crypto.
Key takeaways for crypto traders: • No near-term rate cut expected • Macro uncertainty still weighs on risk assets • Bitcoin & Ethereum showing relative strength as investors stay cautious • Any future shift toward rate cuts could turn bullish for crypto
$ETH is moving in a tight range as volatility stays high. On-chain signals show cautious accumulation, while traders watch key support and resistance levels closely. A breakout could set the next trend direction. 👀