ETH jumped 13% after Trump announced a 90-day tariff pause. The SEC approved options trading for Fidelity, BlackRock, Bitwise, and Grayscale’s spot Ether ETFs. Enthusiasm among institutional investors signals a positive outlook for ETH in the current trading landscape.
Despite ETH’s rise, hedge products shorting it excelled, reflecting ongoing volatility. Recent data shows futures liquidations of 169.04 million USD. ETH aims for 1,800 USD after consolidating above the 1,500 USD support level, making this key for future movements.
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