
小元|Aug 23, 2025 04:43
Powell finally loosened up and turned dovish.
ETH shot up with one big green candle, completely recovering the pullback from the past two weeks.
As soon as Powell dropped this confidence booster, ETH went straight to test its all-time high.
This shows that the strength of the bulls is mainly supported by rate cut expectations.
The weekend will probably just be high-level consolidation.
If you missed out, wait and see Trump’s stance and the sentiment in the U.S. on Monday before making a move.
Now we can really start shouting, ‘The bull is back!’
Next up is the September 18th FOMC meeting.
Before the meeting, the strategy is simple: buy the dips if there’s a pullback.
#RateCut #ETH #PowellSpeech
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