Sasha why NOT

📉 #Ethereum -2.58% in 24h, now at $4,628

Three key factors behind the drop:

1⃣ Hot U.S. inflation – July PPI +0.9% cooled Fed rate-cut expectations.

2⃣ Whale selling – Large holders moved #ETH to exchanges, adding pressure.

3⃣ Overbought signals – RSI > 70 after a 45% monthly rally.

🔍 What’s next:

— Key support at $4,390 (Fib) and 7EMA $4,378 must hold.

— Strong $ETH ETF inflows ($1B/day) could cushion downside.

— Key dates: Aug 16 – Inflation Expectations; Aug 22–24 – Powell’s speech at Jackson Hole.

💡 Holding $4,390 could pave the way toward a new ATH at $4,788.

Join us   linktr.ee/Sasha_why_N

#Altcoin Season#

#AltSeason