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Cas Abbé @cas_abbe on x 111.1K followers
Created: 2025-01-30 08:44:34 UTC
ETH/BTC has reached its most oversold territory since 2020.
Lots of bullish events are happening around ETH, yet the price remains at the same level.
I think there are only two things now that can pump the ETH price:
➢ Enabling the staking feature in ETH ETFs
➢ The FED announcing the end of its QT program
Unless either of these happens, I don't expect a major reversal.
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Related Topics cas fed staking federal reserve events ethereum coins layer 1