ETH Surges Post-Fed Pause
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Ethereum price riseCoinGape
•Business
Business & Economics
Ethereum Price Analysis Today: ETH to Breach $1,950 if FOMC Reactions Align With $21B Open Interest Surge
78% Informative
ETH price breaks above $1,845 rising 0.4% after FOMC voted to keep interest rates steady at 4.25%4.50% .
Fed ’s rate pause lifts ETH as risk assets rally, boosting risk-on sentiment across the board.
Vitalik Buterin's upgrade plan boosts long-term bullish outlook by improving scalability and decentralization.
Derivatives market shows rising Open Interest and long dominance, pointing to higher price targets.
The ADX , though rising slightly, remains under 20 , implying that the trend is not yet firmly established.
A confirmed bullish bias would require a daily close above $1,850 with volume expansion to validate the setup.
Conversely, a drop below the middle Bollinger Band would shift the short-term bias bearish.
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