CandleFocus

Ethereum Price Eyes Recovery as 40k ETH Exits Exchanges Ahead of Fed Rate Cut

The Ethereum price is expected to see a positive trend in September, with a 25% basis point (BPS) interest likely increasing to a 75% probability. Traders and investors are anticipating this recovery and are withdrawing a significant amount of ETH from the derivative market, while large-scale investors (whales) are accumulating Ethereum.

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