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Bella Ryan
🚨 Everyone's waiting for a reason to panic... but $ETH hasn't given them one.
Despite all the macro uncertainty, $ETH continues to hold above both its 21-day and 50-day moving averages. As long as those levels stay intact, I still think the path of least resistance is higher.
Today could be the catalyst.
📊 PCE inflation and Advance GDP are both due, giving the market fresh data to price in.
Warsh recently said policymakers won't just be watching the numbers—they'll also be watching how markets react before making their next move.
If inflation comes in close to expectations and the market likes what it sees, a Nasdaq rebound wouldn't be surprising. That could quickly shift attention back toward the Clarity Act and other crypto-positive catalysts.
For now, the trend hasn't broken.
I'm staying bullish on $ETH until the charts give me a reason not to be.
#ETH #Crypto #Ethereum
#DailyOrbit
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