
- Ethereum declined over 7% after the Fed announced a hawkish rate outlook for 2025.
- Ethereum could bounce back to smash key resistance levels after its Weighted Sentiment plunged to lows last seen in December 2023.
- Ethereum risks decline to $2,800 if it breaches the $3,550 support level.
Ethereum is down 6% after the Federal Reserve hinted that it will reduce its rate cut frequency in 2025. The hawkish news has sent ETH’s Weighted Sentiment to lows last seen in December 2023.
Ethereum declines following Fed’s hawkish decision
Ethereum dived 6% after the Fed announced a 25-basis-point rate cut
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