The recent Fed rate cut didn’t trigger immediate volatility in crypto markets — and Ethereum’s reaction is a good example of that.
WhiteBIT chart: ETH/USDT (4h)On the ETH/USDT 4H chart, price continues to consolidate just above $3,200, maintaining structure despite broader market hesitation. There was no sharp breakout or breakdown, suggesting the move hasn’t materially shifted short-term positioning yet.
From a momentum perspective, RSI sits at 50.05, firmly in neutral territory. This confirms the lack of strong directional bias and supports the idea that ETH is waiting for a catalyst rather than reacting emotionally to macro headlines.
Support: $3,039.13
A level that has already held during recent pullbacks and remains critical for maintaining bullish structure.
Resistance: $3,417.63
The upper Bollinger Band and the first level that would indicate renewed upside momentum if broken.
While BTC remains largely range-bound, Ethereum’s price action looks comparatively constructive, with higher lows forming inside the current range.
On the flow side, ETH ETFs recorded $57.6 million in inflows, suggesting continued institutional interest despite muted price action.
For now, Ethereum remains in consolidation mode. A hold above support keeps the setup intact, while a break above resistance would signal a shift back toward upside continuation.
Ethereum Holds Structure After the Fed Rate Cut was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.

Copy linkX (Twitter)LinkedInFacebookEmail
Wall Street bank JPMorgan says stablecoin ma
