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BullRiderPK
BullRiderPK
🚀 $ETH uptrend may still have plenty of room to run. Last night’s surprisingly weak Non-Farm Payrolls report became a major catalyst for $ETH , acting like an accelerator for its high-beta profile. 1️⃣ Weak jobs data = renewed rate-cut expectations NFP came in far below expectations, pushing markets to price in a higher probability of future rate cuts. Lower-rate expectations generally favor risk assets, and $ETH has been one of the clearest beneficiaries as capital rotates toward stronger crypto assets. 2️⃣ Institutional positioning is building There are signs that some institutions may already be positioning ahead of potential monetary easing. The spot ETF linked to Binance has reportedly attracted around $220M in inflows over the past 7 days, although a large portion appears to come from a single source. 3️⃣ Glamsterdam upgrade adds another catalyst Ethereum has also started testing the upcoming Glamsterdam upgrade, with public testing expected to begin next week. The market is already beginning to price in the potential scaling improvements ahead of the rollout. 💡 Overall, $ETH’s capital flow looks relatively clean, which helps explain why it is reacting so strongly to positive macro catalysts. With the NFP shock providing additional fuel, I remain bullish on $ETH this week. The big question now: Can next week’s CPI keep the momentum alive, or will it become the next major volatility trigger? #PayrollsDropCPIFocus #AIMemoryStressTest

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