🔥 Ethereum Jumps 7% Before FOMC

Ethereum surged nearly 7% ahead of the Fed meeting, as traders bet on a possible rate cut with a 90% probability. $ETH  is still under $3,400, but analysts say breaking its two-month downtrend is a big deal - and it’s starting to outperform BTC as investors rotate into higher-risk assets.

Institutions are fueling the momentum: spot ETH ETFs just recorded stronger inflows than $BTC , and exchange balances have fallen to their lowest level since 2015. With supply tightening and confidence rising, traders think a 30% move upward is now on the table.