I have dropped down to an hourly chart of ETH. The price path is starting to look impulsive to the downside, despite US Dollar weakness – I still expect a bottom very soon which implies macro regime change and crypto bearish.
ETH was strongly rejected at key resistance yesterday and is starting to cascade lower. There has a been a failed retest higher and negative reversal in RSI (hourly) – price down, RSI up, poor ease of movement higher. Keep looking down near term.
The new Fed chair held rates, dropped forward guidance, and delivered a dot plot that reset rate-hike expectations — and in doing so, reminded crypto markets that macro correlation isn't a solved problem.
Bitcoin slipped toward $63,000 and ether fell 3.6% as Kevin Warsh's first FOMC meeting produced a dot plot that now projects rate hikes – not cuts – before the year is out.
Professional fund managers are sitting on near-record cash positions, explicitly hedging, and naming five specific catalysts before they commit. None of them have arrived.
Oil drops, equities rise, and Bitcoin climbs – markets price in peace, even as the deal’s limits and technical resistance cap conviction.
What started as a minor enforcement action now reads like a farce: hidden fee schemes, missing disclosures, and a CFTC that wants a do-over –minus the refund.
The fund gives stablecoin issuers a regulated vehicle for holding the liquid assets required to back payment tokens, as asset managers race to capture reserve management mandates in a market forecast to reach $4 trillion.
The departure of Hsiao-Wei Wang leaves the Ethereum Foundation without a permanent co-executive director for the second time this year, as eight senior figures have now left the organization in five months.
The new Fed chair held rates, dropped forward guidance, and delivered a dot plot that reset rate-hike expectations — and in doing so, reminded crypto markets that macro correlation isn't a solved problem.
