ETH Needle Shock! Trump's $200 Billion 'Personal QE' Shakes the Market — Will It Surge or Plunge Tonight?
Early Morning Bombshell! Trump Announces $200 Billion Mortgage-Backed Bond Purchase Plan — This 'Personal QE' Has Upended the Market, Triggering a Dramatic 'Needle Push' for ETH Around $3,110, Intensifying the Battle Between Bulls and Bears.
Although the policy targets the housing market, it sends a strong signal of monetary easing. Coupled with Trump's undisclosed appointment of a new Fed Chair, the market bets on a 'compliant' figure taking office, prompting expectations of rate cuts. Risk appetite rises, dragging cryptocurrencies into renewed volatility.
But Divisions Lurk: Some analysts question the effectiveness of the liquidity injection. Persistent negative funding rates for ETH and ETF outflows indicate lingering bearish sentiment. The $3,110 level remains a critical battleground for support and resistance. Tonight, policy expectations clash with market sentiment — will ETH ride the wave of easing to rebound, or fall into a post-bull trap? The market's fate hangs in the balance.
