Fed next week interest decision and the tariffs will be commissioned on 1 August. Of course, if there is no new postponement, this is the table we will see. So what are the analysts’ expectations for markets? Poppe Ethereum $3,675.13 and this projection is important in terms of the short -term future of Altcoins.
August 1 Crypto Money Expectations
Fed The interest rate decision will be announced next week and the interest rates will be left constant if there is no big surprise. Immediately afterwards, we will see that Trump announced for many countries on August 1, and that tariffs were commissioned as high as the rates of April 2. For the countries around 150, collective agreements do not seem very logical in 7 days, and even with the European Union, the middle way has not been found.
So as we approach August 1, we come across a table; Crypto investors’ application – the reason will surprise you!
- April 2 tariff rates will be commissioned to a large extent on 1 August.
- After high inflation figures, the commissioning of April tariff rates will increase the upward pressure on inflation.
- The Fed will probably talk about that tariffs adversely affect inflation projections.
- If the rates are as high as they are feared, we will see comments that there may be no discount in September.
- Inflation While increasing and pumping high tariff rates uncertainty, the Fed may say, ız We still have time to wait on the sidelines and see what happened ”. Although this makes Trump crazy, most of the Fed members except Powell have this idea.
- Risk markets may delay negatively with concern that inflation will increase with the effect of tariffs.
Ethereum and Altcoins
Michael Van de Poppe in today’s evaluation Ether focused on his graph. After the $ 1200 rally, the analyst, who wrote that the tendency of the decline became apparent, is worried about the risk of seeing lower hills. This is worrying for the overall of the subcoins.
“EthAfter a $ 1,200 rise, he tended to decline. After that, a lower summit occurred.
If we want to see a upward movement, we should wait for $ 3,800 to break. Otherwise, ETH may fall to $ 3,400. ”
ETH finds a buyer for $ 3,605, which fell to the $ 3,550 band at the time of the article.
Solana (left) Ali Martinez, who draws attention to the lock level, says that 189 dollars should be protected. The left coin fell to 190 dollars after the expected $ 203 hill. If sales continue, the support of $ 189 and $ 177 will be closely monitored.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.