Ether investors betting too much on a Fed rate cut, analysts worry

Ether has recently risen above 4,700 USD, heavily supported by expectations of a Federal Reserve rate cut in September. Analysts emphasize that this reliance creates potential risks if the rate cut doesn’t happen.

Analysts report a strong bullish sentiment among Ether investors, reflected in record inflows into Ether ETFs. However, caution is needed, as unforeseen events could disrupt market projections.

Despite market optimism, notable economists, including those from Morgan Stanley, express skepticism about the certainty of the rate cut. They suggest that the Fed may push back against these expectations.