Professional analysis of Ethereum (ETH
$ETH #) ahead of the Federal meeting (FOMC):
The previous analysis focused well on the surface (technical levels and momentum indicators), but it ignored structural market dynamics and on-chain data that precisely determine whale behavior and liquidity.
First: a deeper read of the technical position (Price Action & Liquidity)
Volume contraction and liquidity drying up: the current contraction isn’t just “calm before the storm,” but a reset of leverage ratios (Leverage Reset). Open Interest often declines during these phases, meaning the market is trying to flush out margin traders before the major move.
Liquidity areas (Liquidity Pools):
The most likely scenario before the direction is set is a fakeout above 1980 or below 1850. Whales often target accumulated stop losses under 1850 and a chorus of chase orders for a breakout above 2000.
Second: the macroeconomy and the impact of the Federal Reserve (Macro & FOMC Mechanics)
Along with the “tone of the statement,” the following three indicators must be watched:
Jerome Powell’s press conference: early market moves are often misleading. The market reads the statement in the first 5 minutes, but the real reversal often happens while Powell answers questions related to the balance sheet (Quantitative Tightening) and the labor market.
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