CoinEx Daily: ETH Reclaims $3,000 as Fed Rate Cut Bets Shift and Whale Activity Intensifies

Daily View

Bitcoin is facing key technical levels, with analysts citing support at $83,680 and resistance near $88,000, as whales and institutional activity become more pronounced. Meanwhile, macroeconomic sentiment has shifted, with JPMorgan now expecting a Federal Reserve rate cut in December, reversing its prior forecast. The market is stabilizing after recent fear, with Ethereum regaining ground above $3,000 and large whale transactions marking growing optimism.