Trading Insights

Ethereum (ETH/USD)

ETH Trapped in $2.9K-$3.2K Range on Rate Cut Uncertainty

Ethereum maintains cautiously bullish outlook, trading sideways in $2.9K-$3.2K range. December rate cuts not guaranteed, leading to lost confidence in ETH growth. Minimal spot ETF inflows with weak demand spurred by rate cut uncertainty.

Key Levels: Support at $2,726.7 | Resistance at $3,249.7

Investor Takeaway: Range-bound trading reflects policy uncertainty; spot ETF flow weakness signals institutional hesitation until Fed clarity emerges.

 

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