Looking at $ETHUSD with still flat market sentiment
แปลอัตโนมัติจากต้นฉบับ · อ่านต้นฉบับ (English)
Saw $ETHUSD still moving in a narrow range around $1895.57 all day, today it's $1893.29-$1911.3638, like waiting for something. The unclear interest rate situation from the Fed is putting pressure. The overall economy hasn't fully recovered, and buying power isn't really visible.
For fintech focusing on stablecoin settlement, has it slowed down a lot now? Looking at the $USDZAR case at 16.33271 and such volatile currency, it's clear how much emerging markets need stability. I think the crypto market is also waiting for a big macro signal before volume becomes active again. We'll have to watch next month's CPI again to see how much clearer the direction will be.